Quote:
Originally Posted by sarfaraz shami
no tax slabs required for calculation of taxable income and thats 100% sure. And taxable income is after deduction of all exemptions from the income. However tax credits required knowledge of slabs, and examiner normaly does not ask about that. Start your preparation you will get 16-20 even if you do not calculate the tax payable.
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ok sir agreed that no tax slabs required...bt even in calculation of taxable income the treatment of different items as to taxable or exempt or rate of taxability changes from year to year..how to look upto this??
reply awaited