Comment on Taxation Simplified
commented on
26 Apr 2013, 05:41 PM
Sourav,
Your income tax will be on your total income , 635000.
A very interesting tool to calculate taxes on income tax website: http://law.incometaxindia.gov.in/DIT/Xtras/taxcalc.aspx
You need to file ITR4 as you have a trading business(f&o) business and if you are a trader, you can’t file your returns as an investor.
last date for payment of taxes online: 31st March, Even if delayed, you can pay with an interest @1% per month.
Chalan numnber for online tax payment: Use challan 280 for your tax payment and make sure to select the right asessment year. https://onlineservices.tin.nsdl.com/etaxnew/tdsnontds.jsp
Hope this clarifies,