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(6) Mr Dubey's payable amount of income tax is R 7000. He needs to pay educationcess at 3% on income tax. Hence how much total income tax will he have topay? |
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Answer» Income tax =7000Rs education cess =3% education tax on payable amount =3% on 7000 = 7000*3/100 =210Rs total imcome tax = income tax + education tax = 7000 + 210 = 7210Rs Mr. dubey have to pay Rs. 7210 income tax |
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