✓rounded off u/s 288B to nearest 10 ✓rebate condition u/s 87A •Resident individual •totat income not exceeding 3.5 lk •max upto 2500 or tax payable before cess
Excellently explained.....it could not have been simpler....i was trying to understand it for last 2 hrs even after reading the books thoroughly....Thank you sir
Today is my tax exam this video is really helpful for us ...... because marginal relif ko solve kaise karana hai koi nahi batata haiii aapne inna easy way batya ki bhool hi nahi skte Thank you sir
MARGINAL RELIEF: Tax liability should NOT exceed the increase in income. It should be restricted to increase in income. ROUNDING OFF OF TAX : Section 288B - Nearest Multiple of Rs. 10
i have my exam (CTP- corporate tax planning)in the morning or seriously mujhe smjh nhi aa rha tha ki kya hai..yeh but ur video... kitni tarif kru yr.. 😉 thank you🤩
As per section 87A rebate is allowed only to resident individual whose total income doesn’t exceed Rs. 350000 during the PY. Rebate shall be allowed for an amount Rs. 2500 or tax payable which ever is lower.
total income = GTI-deductions u/c VI A rebate u/s 87A total income upto 350000 resident individual rebate= 2500 or tax payable, whichever is less rounding off 288A : total income 288B : tax payable or refund
If the total income in less than or equal to 350000 then the rebate amount is 2500 or tax amount.. AnD tax liability rounded off U/s 288B .to the multiple of 10...
Sir... Your teaching style is really great. I have a request .. please remove the old videos from your channel. When we search for any topic your old videos comes at the top and that is not relevant for our syllabus. Please remove old videos which are not relevant.
Neeraj Sir; aapka video bahut pasand aaya; bahut sari website hai jo alag alag answer deti hai; by the way agar total income in the given example is Rs.1,00,90,000/- to bhi SURCHARGE after marrginal relief would come to Rs.63000/- am I right ? plz reply
Sir. ...pls muje presentation pr koi vedio bna do.........muje sach me bahut bahut bahut jada jarurat h.....agr koi h to ....muje us ka link bta do....sir please. ..u r great sir.....love u alot
Hello bos I understand the topic u thought me but I have dought that for calculating of taxable income of companies and firm is the same method of marginal relife is used or is there any other way of calculating for them
Hello sir, your video is superb . Sir I want to ask, how do we got know that in which case benefit of marginal relief is available if we are using the shortcut you have suggested for calculating *surcharge after marginal relief*
✓rounded off u/s 288B to nearest 10
✓rebate condition u/s 87A
•Resident individual
•totat income not exceeding 3.5 lk
•max upto 2500 or tax payable before cess
Excellently explained.....it could not have been simpler....i was trying to understand it for last 2 hrs even after reading the books thoroughly....Thank you sir
Today is my tax exam this video is really helpful for us ...... because marginal relif ko solve kaise karana hai koi nahi batata haiii aapne inna easy way batya ki bhool hi nahi skte
Thank you sir
You are best teacher forever
Thank you sir for making this concept of marginal relief more easy to understand
MARGINAL RELIEF: Tax liability should NOT exceed the increase in income. It should be restricted to increase in income.
ROUNDING OFF OF TAX : Section 288B - Nearest Multiple of Rs. 10
Ankita Sharma
it is not tax liability ...it's a surcharge..
The way you explained no body can..😘
Lokesh Sing nobody does it Better 👩🏻🦳
Aapke sikhane ka andaz too good h sir...
excellent , There is no problem after watching this vidio.
Explanations are very clear .Thank you sir.
Nice video sir, I understand very strongly, I hope in future you will surprise us with different topic. Thank you so much for this topic sir.
Rounding-off of tax (sec288B)
Conditions for rebate are:
1)Person should be residential individual
2) Person's income should not exceed 3,50,000
Wavvvvv srrr thank you so much your video is very powerful 👌👌👌👌👌👌👍
Ye sab books 📚 mai nai btaya tha..... thanks Sir!
Definitely sir. Bhut easily samajh m aa gaya.
Sir phli baar itna simple sir kese krte ho woow
Amazing explaination sir.👍
i have my exam (CTP- corporate tax planning)in the morning or seriously mujhe smjh nhi aa rha tha ki kya hai..yeh but ur video... kitni tarif kru yr.. 😉
thank you🤩
nice sir maine ab tak jitne vidio dekhe they calculate 5090000 and 5000000 then their difference -increased income
in short long procedure
Bht achha padhaya apne..
Thank you so much sir ,this was the topic I started hating because I was not able to understand but now I completely understand this
Very helpful video. 👍Thank you sir.
this looks very easy sir,,,,.......and one example of income more than 1 cr ........
You are one of the best tax teacher .....love you sir😍
apke lecture bht ache hote h par ap please 2 cheezo k bich comparision jaroor karwaya kijiye ....ab jaise 1 crore k liye reh gya
As per section 87A rebate is allowed only to resident individual whose total income doesn’t exceed Rs. 350000 during the PY. Rebate shall be allowed for an amount Rs. 2500 or tax payable which ever is lower.
12500*
Thank u sir very much aap bade hi motivating teacher hen....
Meri income bdi h km
Taxes bde h jyada
Bcaho re baba bchao re baba😂😂
MAZA AA GYA SIR
Kya samjate ho Sir...👌👌👌
Thanks a lot sir 👍👌
total income = GTI-deductions u/c VI A
rebate u/s 87A
total income upto 350000
resident individual
rebate= 2500 or tax payable, whichever is less
rounding off
288A : total income
288B : tax payable or refund
It was wonderful and nice explanation on marginal relief.
Thanks a lot sir I finally got its right computation
Very nice explain sir
Very helpful sir. Thank you
Thank you so much.. well explained, in layman terms..
Today my MR concept is clear.
If the total income in less than or equal to 350000 then the rebate amount is 2500 or tax amount..
AnD tax liability rounded off U/s 288B .to the multiple of 10...
Sir... Your teaching style is really great. I have a request .. please remove the old videos from your channel. When we search for any topic your old videos comes at the top and that is not relevant for our syllabus. Please remove old videos which are not relevant.
Great job sir
Happy morning Sir !!
Thankyou sir very nicely explained
Thanks sir
You are like oxizen cylinder ....
Thank you sir , you are doing a great job... Dil se thanks
Thank you soo much sir. You explained it very well
Searched the whole you tube for this thing but only understood by your way of teaching. Exquisite teaching style
You are A Divine Sanction
Thanks sir for concept clarity
Thank u sir.... amaging explanation
One video on calculating marginal relief when there is non agricultural as well as agricultural income
Thankyou so much for making my marginal relief more clear
thanks for vedio and good morning sir 🙏😊
Thank you sir for making it easy☺😊
sir jee too good i west my 3 hours to understand marginal relief but for this video understand me clearly
thank you sir jeee😍😍😍😍😍
Perfectly understood sir 👌👍
Thanks...sir..
Really its a good method
Thank you sir , very nicely explained.
Thankyou so much sirr☺☺☺☺☺☺☺☺☺☺
Rounding of tax us 288B the nearest multiple of 10rs
Sir good example about marginal relief u have give 2 types of method of calculation surcharge
Section 288A rounding off of income, Section 288B Rounding off of taxes
Good morning sir ..
Thank you for your support
Superb❤
Thank yuh sir, you always makes it easy 💛💛, and please provide 10000000 wala example
Income round off - 288A ,tax round off - 288B upto nearest 10
Superb sir ji
Having a great learning experience wt Ur tax classes sir .......I'm from God's own country........🤗🙏
Thank u sir for making me to understand the concept
Your classes for most useful to me in qualifying IPCC thank you sir for being a part of my success
Very good sir
Thanks brother 😍😍
288B Tax Payable Nearest multiple of Rs.10 and even the same nearest for 288 A Total Income
Total income = GTI less deductions u/s 80c to 80u...
Rebate Condition 87A
• Resident individual
•Total income upto 5 lakh
•Max deduction 12500
Stunning video
Marginal relief= { (income tax+surcharge) on income } - { ( income tax on 50lakh )+(income -50lakh) }
He saved my life than any doctor ever did.
Thnkuh so mch Sir...😃😃
Nice explanation
Sir ur class is so much helpful.. Sir one request please take the class in English, so students from South India can also easily follow.
Neeraj Sir; aapka video bahut pasand aaya; bahut sari website hai jo alag alag answer deti hai; by the way agar total income in the given example is Rs.1,00,90,000/- to bhi SURCHARGE after marrginal relief would come to Rs.63000/- am I right ? plz reply
Sir plz upload marginal relief above 1 crore as early as possible plz jaldii
Sir health and education cess 4% he na
sir u r gr8... luv u sir......
sir what will be the MR if income is 1.3 crore
plzz reply the ans. sir
There are no MR. MR are available only when Income exceeds by ₹1,00,000 or less above limit for surcharge (i.e. ₹50,00,000 or ₹1,00,00,000).
Good 😊 sir
Rounded of tax 288B
Rounded of income 288A
Sir total income 1 crore se upar ka que. Batayiye
Rounding off to nearest multiple of rs.10 - section 288A
Sir. ...pls muje presentation pr koi vedio bna do.........muje sach me bahut bahut bahut jada jarurat h.....agr koi h to ....muje us ka link bta do....sir please. ..u r great sir.....love u alot
Got it sir thanks.....
Round of sec.288B multiple of 10
Tax payable rounded off u/s 288B
Rounded off to next rupee if unit digit is Rs.5 or more
Hello bos I understand the topic u thought me but I have dought that for calculating of taxable income of companies and firm is the same method of marginal relife is used or is there any other way of calculating for them
very good morning sir..... thank u for dis video
It is very helpful I understand for first time about marginal relief
Thank you sir and please make one video on 1 cr also
Sec 112 rounding of tax Amt below 4 then reverse and if 5 or more rounded off to 10.
Hi sir. Why do we calculate 30% of tax on 90,000 sir?
sir edu cess and she cess are levied on tax before surcharge or tax after surcharge?
Hello sir, your video is superb .
Sir I want to ask, how do we got know that in which case benefit of marginal relief is available if we are using the shortcut you have suggested for calculating *surcharge after marginal relief*
Very good