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Queries Participated

advharshavardhan   03 June 2013 at 17:22

Road roller broke wall

Hi,

Today one person driving road roller lost his control and broke our compound wall.... what legal action should i take first...... no FIR filled yet......

advharshavardhan   20 March 2013 at 23:32

Partnership registration process



What is the procedure for registration of the partnership firm............ what is the approx. duration required for complete formation......

Yeshwant   20 March 2013 at 21:58

Career

Hi,
Currently i am doing LLB. Can anybody tell us next what to do?

Note, currently i am doing private job also.

Regard,
Yeshwant.

surjit singh   16 March 2013 at 16:46

Calculation of income tax on gross or net income

My query is whether income tax is calculated on net or gross. illustration follows
A is getting a yearly salary of 4,00,000/-. He has invested in insurance of 50,000 yearly.
He pays for children school fee Rs. 50,000/- yearly.
He pay house rent of Rs.80,000/- per year.

He has paid about 25,000/- for his medical expenses in the present year.
WHAT WILL BE HIS INCOME TAX PAYABLE AMOUNT. KINDLY WITH ILLUSTRATION IN DETAIL.