Sir, good video & very informative. Marginal Relief is to be calculated on Basic tax, cess is not to be included. On 7,29,000/- Income, you have to pay 10,400/- (Tax 10,000 + Cess 400) & not 10,000/-(Incl. of Cess) as you explained. And on RRs. 7,29,000/- Tax come to Rs. 29,016/- & not Rs. 29,060/-. Please correct it.
But sir 7,50,000 tak to standard deduction hi calim krke 0 tax kr skte hai ?? Please clear my doubt !!! Kya standard deduction claim krne ke bad bhi marginal relief claim kr skte hai kya ??? Please answer 🙏
Where can I get the CBDT circular of this marginal benefit on u/s 87A , except the amendment on Finance Bill-2023. Income Tax Deptt didn't still come out with this amendment till date.