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The following information is given for Mr. Sagar (aged 25 years) Total Gross Income from Salaries after all allowances is 4,44,000 Standard Deduction is not
The following information is given for Mr. Sagar (aged 25 years) Total Gross Income from Salaries after all allowances is 4,44,000 Standard Deduction is not adjusted in the above Salaries Income. Income received from House Property owned by Mr. Sagar is 4,12,500 No Housing Loan is borrowed on the above property Municipal Taxes paid on above House Property is 2,500 Other Income received is 7,150 Contribution to NSC and PPF is 1,53,000 Find out the total Income Tax Liability of Mr.Sagar if he is a Resident Indian for the Assessment Year 2021-22. Mr. Sagar has not opted for Tax at concessional Rates
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