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Mihir Tanna  |1064 Answers  |Ask -

Tax Expert - Answered on Jul 23, 2023

Mihir Ashok Tanna, who works with a well-known chartered accountancy firm in Mumbai, has more than 15 years of experience in direct taxation.
He handles various kinds of matters related to direct tax such as PAN/ TAN application; compliance including ITR, TDS return filing; issuance/ filing of statutory forms like Form 15CB, Form 61A, etc; application u/s 10(46); application for condonation of delay; application for lower/ nil TDS certificate; transfer pricing and study report; advisory/ opinion on direct tax matters; handling various income-tax notices; compounding application on show cause for TDS default; verification of books for TDS/ TCS/ equalisation levy compliance; application for pending income-tax demand and refund; charitable trust taxation and compliance; income-tax scrutiny and CIT(A) for all types of taxpayers including individuals, firms, LLPs, corporates, trusts, non-resident individuals and companies.
He regularly represents clients before the income tax authorities including the commissioner of income tax (appeal).... more
Irfan Question by Irfan on Jul 23, 2023Hindi
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I have following income for FY 2022-23, Interest Rs 15,000 Dividend Rs 22,000 Intraday Rs 103,000 LTCG Rs 200,000 STCG Rs 250,000 Total Income Rs 590,000 I have opted new tax regime. What will be my tax liability? I am eligible for tax rebate under section 87A?

Ans: Based on facts provided tax liability is likely to be Rs.32240 plus applicable interest. It is advisable to cross check the same with income tax calculator at https://incometaxindia.gov.in/Pages/tools/income-tax-calculator-234ABC.aspx.

Rebate is not available.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Jp noida ece vs jp. Solan cse???? Research deeply & thoroughly the maximum number of highly reliable, valid, primary sources & also the official sources of concerned/relevant college sites/branches & exams (if applicable) on the 5 most important aspects that every institution must have. Summarise the research results in 100 words just in one paragraph ending with a final recommendation in 50 words without numbering, covering all points without omitting anything.

Avoid using the statement, "Based on extensive research into placement records and institutional performance". Avoid using the term, 'my suggestion' instead, use 'recommendation'(mentioned in bold letter). Answer directly.

Don't mention salary package amounts though you can mention the percentage of placement records of the last 3 years of the asked or referred & recommended colleges/branches/program(s)??
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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