Pl. calculate tax liability for A.Y. 2009-10 for Income 360000, LIC saving 1 lac, Medical Ins.Rs.15000.(Male)

Question

Pl. calculate tax liability for A.Y. 2009-10 for Income 360000, LIC saving 1 lac, Medical Ins.Rs.15000.(Male)

Answer 1

such services dont come for free. u have to hire a tax consultant or an accountant for this.

Answer 2

you have to pay 9500 rs as your it return

Answer 3

Arun is correct.

You did not give break up  of your salary. Many of the allowance may not be taxable.

For salary breakup to get maximum deductions, read:Income From Salary http://mytaxes.in/index.php?topic=17.0