Originally Posted by rushna khalil

Sir even for the taxable income, we require the current tax slab.....as far as I know the tax slabs are revised every year....so even though you are required to calculate taxable income only, then also u must have the knowledge of current tax slab....anyways thanx for ur answer......n mu next query is whether taxable income is the net income after tax exemption or before exemption.....if t is before exemption then surely we dont need to have a knowledge of current tax slabs.....i will be thankful to u if u clear dis point...