1.

Calculate education cess on income tax Rs 12000 *​

Answer»

Answer:The rate at which education cess is calculated is ACTUALLY a combination of the TWO types of cess applied on the TAXABLE income. For the education cess the rate is 2% of the tax PAYABLE and for the Secondary and HIGHER Education Cess the rate is 1% of the tax payable.

Step-by-step explanation:



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