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Issue ID : 575
- 0 -

Tax planning - calculation of income tax

Date 05 Nov 2007
Replies1 Answers
Views 960 Views
Asked By
Please can you help me out as to how the Tax is calculated, my Salary is 1.8 pa+incentives 12k.how much would be my Income tax and how can i save it.I want to make investment only to the extent tax is saved as I m planning for further studies.plz help me out
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Replied on Nov 8, 2007
1. Dear Sir, Can an assessee take service tax credit on input services along with export under drawback. In this case we reverse the said input credit at the end of respective month. Please give reference of any case law or circular in this matter. regards, santosh sharma

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