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How to round off total income before computing tax liability?
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....uted in accordance with the provisions of the Income-tax Law, shall be rounded off to the nearest multiple of ten. Following points should be kept in mind while rounding off the total income: * Firs....
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....o rounded off shall be deemed to be the total income of the taxpayer. Illustration for better understanding If the taxable income of Mr. Keshav is Rs. 2,52,844.99, then first paisa shall be ignored....