need some help about section
Posted: Thu Sep 06, 2012 11:29 pm
Hi,
please find tax calculation for
for financial year 2010-11
My total earnings 531347
loss from the property -69857 home loan
income from others -2088
profit from business - 461342
loss from salary - 36197
deduction under chapter 6A 111193
total taxable income 318577
non taxable income 150000/-
now i have given 1 lac rupees loan to my relative so where should i mentioned that amount.Please help with the section to be mentioned here so that i can mentioned that and save that tax amount.
Please conform the the exact section amount for following things
1 lac rupees loan given and 70000 rupees taken from friend
thanks
please find tax calculation for
for financial year 2010-11
My total earnings 531347
loss from the property -69857 home loan
income from others -2088
profit from business - 461342
loss from salary - 36197
deduction under chapter 6A 111193
total taxable income 318577
non taxable income 150000/-
now i have given 1 lac rupees loan to my relative so where should i mentioned that amount.Please help with the section to be mentioned here so that i can mentioned that and save that tax amount.
Please conform the the exact section amount for following things
1 lac rupees loan given and 70000 rupees taken from friend
thanks