i wanted to know how to calculate tax of salaried person. should i first deduct standard deductions and later deductions u/s 80 c and u/s 89d. kindly help me.
From India , Mumbai
Dear .....
For your information there is no concept of Standard deduction now a days. For your calculation I attach herewith a file in excel format from where you can understand the basics for calculating the Tax

From India , New Delhi

Attached Files
File Type: xls Tax Calc PY 09-10.xls (21.0 KB, 117 views)

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