Compute the total income and tax liability of Mr. X for A.Y. 2024-25 (Old Regime)
Compute the Total Income and Tax Liability of Mr. X for A.Y. 2024-25 (Old Regime) Given: Mr. X, aged 60 years, is a professor. We will compute his total income and tax liability under the Old Tax Regime based on the given details. 1. Income from Salary Salary: ₹6,00,000 Dearness Allowance (DA): ₹3,00,000 Wardenship Allowance: […]
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