22. How to Calculate Marginal Relief in Income Tax | Sec. 89 AY 2024-25

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  • Опубліковано 15 лип 2024
  • How to Calculate Marginal Relief in Income Tax | Sec. 89 AY 2024-25
    00:00 - What is Marginal Relief?
    01:38 - Examples of Tax Calculation
    14:36 - Marginal Relief Applicability
    17:12 - Examples of Tax Calculation
    36:11 - Marginal relief for Individual/HUF/AOP/BOI/AJP
    37:45 - Marginal Relief on Firms/LLP
    44:10 - Marginal Relief on Domestic Company/Foreign Company/Co-operative Society
    45:23 - Examples of Marginal Relief
    ✅Income Tax AY 2024-25 (For 2024 Exam) - • Income Tax AY 2024-25 ...
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    ✅View only Income Tax PDF (Non - Downloadable) - on-app.in/app/oc/218092/teddv
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    #marginalrelief #incometaxcalculation #carajkagrawal #totalincome #grosstotalincome #newtaxregime #newtaxrates #incometaxact #taxcalculation #taxationinindia #icai #studyathome #directtaxation #directtax #caintertaxation #caintermediate #csexecutive #cmaintermediate

КОМЕНТАРІ • 161

  • @StudyAtHome
    @StudyAtHome  11 місяців тому +1

    ✅Join Study At Home WhatsApp Channel - whatsapp.com/channel/0029VaAOYpQ7j6g3r4W4Rr0H

  • @CS-BANTI.
    @CS-BANTI. 7 місяців тому +10

    Sir apki video dekhne ke baad concept itna clear ho jata hai ki dill karta hai dost ko question karke tont maru 😅

    • @StudyAtHome
      @StudyAtHome  7 місяців тому +2

      Glad you find these lectures valuable! Keep watching! 🙌

    • @jayprakash_in
      @jayprakash_in 6 місяців тому +2

      😂😂😂😂

    • @TheCANexus
      @TheCANexus Місяць тому +1

      Waah❤😂

  • @stylishkudi2730
    @stylishkudi2730 11 місяців тому +12

    Thanks you so much sir ☺️ I have got a new hope after started watching your lectures.

    • @StudyAtHome
      @StudyAtHome  11 місяців тому +1

      Welcome and all the best!

  • @capoojadad0707
    @capoojadad0707 Місяць тому +3

    Finding these lectures very very helpful to restart my career after a break 😅😊 a Big thanks 🙏

  • @payalmalviya8489
    @payalmalviya8489 5 місяців тому +2

    Sir Apne jis tarah se marginal relief samjhaya💯 vese kishi n nhi btaya ❤thank u sir !💗

    • @StudyAtHome
      @StudyAtHome  5 місяців тому

      You're welcome! Glad you like it!

  • @ppsmusicvdo1374
    @ppsmusicvdo1374 11 місяців тому +5

    Sir your effort are very very motivating

    • @StudyAtHome
      @StudyAtHome  11 місяців тому

      That's great to hear🙌🏻

  • @rohitjindal1356
    @rohitjindal1356 11 місяців тому

    Teacher to boht sir magar apke jaisa na koi❤

  • @baarish7094
    @baarish7094 11 місяців тому +1

    Thank you sir for making income tax an interesting subject for me.

    • @StudyAtHome
      @StudyAtHome  11 місяців тому +1

      I'm delighted to know that you're finding it interesting. Keep up the enthusiasm for learning

  • @chia1327
    @chia1327 7 місяців тому +1

    Thank you sir,now I love tax subject ❤

    • @StudyAtHome
      @StudyAtHome  7 місяців тому

      You're welcome, glad to hear that! 😊

  • @Roshan__singh.rx7
    @Roshan__singh.rx7 4 місяці тому

    Hands up, sir to ur lecture.
    Such a confusion thing in simple way 😮

    • @StudyAtHome
      @StudyAtHome  4 місяці тому

      Glad you found it helpful! Keep watching 😊

  • @ameetopiwala7255
    @ameetopiwala7255 6 місяців тому +2

    Thank you so much sir for this wonderful lecture 😊

    • @StudyAtHome
      @StudyAtHome  6 місяців тому +1

      You're welcome! I'm glad you enjoyed the lecture.

  • @NirajKumar-fs4wl
    @NirajKumar-fs4wl 5 місяців тому

    Valuable lecture sir 😊. Thank you❤

  • @hemlatalalwani158
    @hemlatalalwani158 3 місяці тому

    Thankyou sir to teach us in such a easy way.

  • @bharatrohida1957
    @bharatrohida1957 11 місяців тому

    Intersting + conceptual lots of love sir ❤️❤️

  • @valuenoteupsc
    @valuenoteupsc 11 місяців тому

    Many thanks❤😊

  • @rekhaprajapati3582
    @rekhaprajapati3582 10 місяців тому +1

    Thank u very much sir❤🙏🙏🙏🙏🙏🙏🙏

  • @jyotisindhwani709
    @jyotisindhwani709 11 місяців тому

    Sir apne is topic ko bahut easy bna diya
    Thankyou so much sir

  • @akanksha2053
    @akanksha2053 5 місяців тому

    Thanks a lot sir!!

    • @StudyAtHome
      @StudyAtHome  5 місяців тому

      You're most welcome! 😊

  • @RiteshKumar-nf6dr
    @RiteshKumar-nf6dr 11 місяців тому

    THANK YOU SIR

  • @hackerbeluga
    @hackerbeluga 7 місяців тому

    perfect
    sir ji

  • @Sheikhsuhail6666
    @Sheikhsuhail6666 5 місяців тому

    Your explanation 🔥

  • @KSD1226
    @KSD1226 19 днів тому +1

    THANK U SO MUCH SIR

  • @shrutimahato2989
    @shrutimahato2989 9 місяців тому

    Thanks a lot sir 😊

  • @subhashsaha6068
    @subhashsaha6068 6 місяців тому

    Thank You so much.......❤❤❤

    • @StudyAtHome
      @StudyAtHome  6 місяців тому

      You are so welcome! 😊🙌

  • @pranavsingh5572
    @pranavsingh5572 7 місяців тому

    thank you sir

  • @Student_._.
    @Student_._. 6 місяців тому

    thankyou sir

  • @mananbhandari2711
    @mananbhandari2711 6 місяців тому +2

    Teaching Skills ✨💗

  • @user-bg3lc1gn3m
    @user-bg3lc1gn3m 6 місяців тому +1

    Sir your the world best teacher ❤️ thanks you sir🥺😊❤

  • @demon04x
    @demon04x Місяць тому +1

    Thank you sir ❤🙌🏻

  • @amberchhimwal9924
    @amberchhimwal9924 5 місяців тому

    Sir you make the things easy to understand, your lectures are too good and a different level of positive energy I get from your lectures😊
    Actually sir there's a query, may you please explain about the increase in tax in the second illustration that 50,50,000 one. I'm getting so confused in the increased income and tax. So pls clear this

    • @StudyAtHome
      @StudyAtHome  5 місяців тому

      Gratuity received in case of death is taxable under the head IOS in the hands of legal heir and the calculation would be same.

  • @nripendraku
    @nripendraku 2 місяці тому

    38:59 Yes sir ❤😊

  • @technicalidbhai
    @technicalidbhai 11 місяців тому +2

    Ca raj sir best teachs ❤❤❤❤❤❤❤

  • @user-my1dv4le7i
    @user-my1dv4le7i 4 місяці тому +2

    Sir Q 11 jo last ka aapne karwaye usme dout hai.
    10060000 ka total income hai domestic co.
    Usme tax regime old lge ga ki new?
    Agar old bhi lge ga to 21-22 ka turnover dekhe ge n.
    Or agar questions me dia nhi h to 25% ka tax lgana chahiye

  • @AITOKNOworld
    @AITOKNOworld 11 місяців тому +1

    Relief ❤for ca aspirants 😊

  • @ankitjha2
    @ankitjha2 11 місяців тому +1

    ❤🙏

  • @umrahawais
    @umrahawais 10 місяців тому +2

    😊

  • @yashpalchauhan6feb
    @yashpalchauhan6feb 5 місяців тому

    Can you please share the notification regarding marginal relief

  • @sujitkumarpaul9077
    @sujitkumarpaul9077 9 місяців тому

    As i know we have to start study with 2 subject (one theory & one tax). Mai pehle tax padna chalu kiya aur iske sath adv. Accounts karu iya costing karu iya koi aur subject karu ? I am confused. Please suggest me something.

  • @nripendraku
    @nripendraku 2 місяці тому

    17:44 Calculation of tax
    Upto 15,00,000= 1,50,000
    On 36,00,000= 10,80,000
    -------------------
    12,30,0000
    (+) Sur.@10%= 1,23,0000
    --------------------
    13,53,000
    (-) Mar.Rel. = 53,000
    ---------------------
    Tax before cess. 13,00,000
    (+) H&EC @ 4% = 52,000
    --------------------
    Tax payable = 13,52,000

  • @aadarshdubey77
    @aadarshdubey77 Місяць тому

    Sir illustration no. 9 me working notes me apne 1Cr pe surcharge to add kiya h pr cess ny kiya h kya cess lagega yaha

    • @StudyAtHome
      @StudyAtHome  19 днів тому

      cess marginal relief less karne ke baad add hota hai.

  • @Param_rishi_kapil
    @Param_rishi_kapil 3 місяці тому

    Sir In default tax regime(115BAC)
    If the income exceeds 5 crore
    What's the rate of surcharge? 25% or 37%?

  • @ShubhamBhardwaj-wj2td
    @ShubhamBhardwaj-wj2td 5 місяців тому

    Sir ye to rebate ke tara hi hai na

  • @Seemu_sen
    @Seemu_sen 5 місяців тому

    Sir surcharge ki rate same hogi dono slab mein ya 115bac mein different rehegi????

    • @TheCANexus
      @TheCANexus Місяць тому +2

      115 BAC me 2 crore se above 25% rahegi chahe 5 crore se exceed kar jaaye...
      And noraml me 2 crore se upar 25% and 5 crore se upar 37%

  • @ravindrakumarsrivastava8179
    @ravindrakumarsrivastava8179 5 місяців тому

    Please calculate Fy23-24 Ay 24-25 total incom7.5L

    • @StudyAtHome
      @StudyAtHome  5 місяців тому

      Watch the playlist to calculate this: ua-cam.com/play/PLyY2ccCWylAq5C89aTwKEoMtNMwDqK93s.html&si=4K2Doka0NGKBFoAd

  • @Ayush_editor_31
    @Ayush_editor_31 11 місяців тому

    45:30 sir yaha 3 lakh nil kyu hai sir mai aapki purana income tax se kar raha hu to usme yo 250000 he to karte hai individual ke liye new slap me ? 2024-25 Years me change hua hai kya?

    • @StudyAtHome
      @StudyAtHome  11 місяців тому

      Yes, the slab rates have changed. You can checkout this video for clarity- ua-cam.com/video/OeApgRdSgRo/v-deo.html
      You're advised to watch the videos in proper order to avoid any confusion

  • @dushyant.babbar1098
    @dushyant.babbar1098 5 місяців тому

    Sir aap bhot acha pdate ho
    Pr itni sari videos kaise jaldi complete kre ???

    • @StudyAtHome
      @StudyAtHome  5 місяців тому

      Watch as much as you can and understand in a day every day.

  • @user-ko6cc3oy5g
    @user-ko6cc3oy5g Місяць тому

    Sir how r we gonna calculate marginal relief for LTCG ₹51,00,000..

  • @Skfact24551
    @Skfact24551 11 місяців тому

    Sir Agar dekha jayen to after MR kuch portion income par 100% tax lag raha hai isko court mein challange kar sakte hai.

    • @StudyAtHome
      @StudyAtHome  11 місяців тому

      MR is a benefit, it cannot be challenged

  • @swapnilchondhe8804
    @swapnilchondhe8804 27 днів тому

    Sir leave encashment received during service ka relief le sakte hai kya section 89(1) mein

  • @mastermindideas6049
    @mastermindideas6049 11 місяців тому +1

    Sir Marginal relief is applicable to both regime or only the new ones??

  • @rakeshkumarkushwaha5718
    @rakeshkumarkushwaha5718 11 місяців тому

    Happy independence day to all

  • @naina5208
    @naina5208 4 місяці тому

    Sir is marginal relief and surcharge both are applicable on only new tax slab rate ??

    • @StudyAtHome
      @StudyAtHome  4 місяці тому

      applicable on both slab old and new

    • @naina5208
      @naina5208 4 місяці тому

      @@StudyAtHome ohk sir thankyou so much ♥️

  • @varalakshmikundukuru8898
    @varalakshmikundukuru8898 8 місяців тому +2

    How we know marginal relief is available to that income

    • @StudyAtHome
      @StudyAtHome  8 місяців тому +1

      You're Welcome!😊🙌

  • @nripendraku
    @nripendraku 3 місяці тому

    2:39 tax upto 15 lac = 1,50,000
    Tax beyond 15 lac= 10,50,000
    TI= 12,00,000

  • @aadibhardwaj9266
    @aadibhardwaj9266 9 місяців тому +1

    Sir is these lectures is applicable for cma intermediate june 24

  • @tanvii160
    @tanvii160 Місяць тому

    How do we calculate marginal relief on income of Rs 20100000 which includes 60 lakhs from special income and balance from other income? Please solve my query sir 🙏 I am confused whether we have to calculate both income separately including surcharge

    • @StudyAtHome
      @StudyAtHome  Місяць тому

      Yes you have to calculate separately. Numerous example has been done just do that no query would be left.

  • @khushipathak2361
    @khushipathak2361 9 місяців тому

    Hello sir
    I am CMA inter group 1 students, sir aap jo income tax ki classes kara rahe ho is me both direct tax or indirect tax dono pura karoge naa ,sir please reply

    • @StudyAtHome
      @StudyAtHome  9 місяців тому

      Whole Income Tax will be covered in the Free Income Tax Series AY 2024-25 and GST Series is already available on our channel. You can watch the lectures from here: ua-cam.com/play/PLyY2ccCWylAozEb7wfWYjPAJjCiKoNRP4.html&si=oQlF-JrYiem8fdeb

    • @khushipathak2361
      @khushipathak2361 9 місяців тому

      Ok, thanks u sir 🙏😊

  • @ShikhaSoni-bi9ek
    @ShikhaSoni-bi9ek 5 місяців тому

    Sir marginal relief resident, non resident dono ko milega ya sirf resident ko?

  • @mirmoinahmadahmad5530
    @mirmoinahmadahmad5530 5 місяців тому

    Sir Standard deduction deduct nahi kiya aap na

  • @Seemu_sen
    @Seemu_sen 5 місяців тому

    Sir rebate new slab mein rebate 7l tal milta hna 5l tak kaise??

    • @Sanebalak
      @Sanebalak 4 місяці тому

      OLD SLAB RATE :
      UPTO THE INCOME OF 5 ,00 , 000 REBATE OF 12500 IS ALOOWED RESTICTED TO THE AMOUNT OF TAX PAYABLE .
      NEW SLAB RATE UNDER SECTION 115BAC :
      UPTO THE INCOME OF 7 , 00 , 000 REBATE OF 25000 IS ALLOWED ...RESTRICTED TO THE AMOUNT OF TAX PAYABLE .

  • @siddhikakatkar-1890
    @siddhikakatkar-1890 7 місяців тому

    Sir in illustration 11 how we come to know that the domestic companies has the turnover above 400cr bcause we have taken flat tax rate of 30%

    • @StudyAtHome
      @StudyAtHome  7 місяців тому +1

      Sir solved it on the basis of assumption. You can better take 25%.

    • @siddhikakatkar-1890
      @siddhikakatkar-1890 7 місяців тому

      @@StudyAtHome Ok thankyou 😊😊

  • @DKoli2004
    @DKoli2004 11 місяців тому

    Sir mujhe may 2024 ke lia hard books purchase krni hai DT and IDT ki, link send kr dijia sir
    Plz reply sir🙏🙏🙏

    • @StudyAtHome
      @StudyAtHome  11 місяців тому

      Here's the link- www.studyathome.org/publication/bharat-publication/

  • @shahidafridi2113
    @shahidafridi2113 5 місяців тому

    Is this applicable for CS executive as well or not

  • @cainterstudent5763
    @cainterstudent5763 8 місяців тому +1

    47:23 pr sir illu 11 m domestic co ki tax rate 30% hi kyon li turnover toh Nhi diya 400cr Vala jisse pta chale 25% lenge tax rate ya 30%

    • @StudyAtHome
      @StudyAtHome  8 місяців тому +1

      Sir solved it on the basis of assumption. You can better take 25%.

    • @sherinepeter4213
      @sherinepeter4213 4 місяці тому

      ​@@StudyAtHomewill you please clarify why general rates taken instead of new slabrates.
      By default new slab rate to be followed right ?
      Please reply sir

  • @RiteshKumar-nf6dr
    @RiteshKumar-nf6dr 11 місяців тому +1

    SIR DOWNLOADABLE PDF MILEGA KYA? PRICE KYA LAGEGa?

    • @StudyAtHome
      @StudyAtHome  10 місяців тому

      You can not download pdf as it is copyright protected. However, you can buy Income Tax printed book from our website - bit.ly/3OwBkfe

  • @VINODVKAMAT
    @VINODVKAMAT 8 місяців тому

    Sir my salary income after standard deduction is Rs 7,10,000/-.
    If I calculate tax as per slabs given under new regime will be:
    On 3,00,000/- Nil
    On next Rs 3,00,000/- @ 5% 15,000/-
    And on balance Rs 1,10,000/- @ 10% - 11,000/-
    Total Tax Rs 26,000/-
    But when I put this amount (7,10,000/-) in tax calculator given in income tax portal I am getting tax amount as Rs 10,000/-
    I could not understand how is this? Whether I am getting marginal relief or what sir? Please clarify Sir.

    • @StudyAtHome
      @StudyAtHome  8 місяців тому

      Yes, 10000 is correct and you're wrong. Watch this video - ua-cam.com/video/QxMWUdQxeGk/v-deo.htmlsi=jM8y2_oAylKFsnPD

    • @NoName-me2bq
      @NoName-me2bq 7 місяців тому

      This is because of Rebate given to new Tax System as Per Sec 87A

  • @suraju97
    @suraju97 11 місяців тому

    Sir apki sari income tax ke lectures kb tk end ho jaenge?

    • @StudyAtHome
      @StudyAtHome  11 місяців тому

      They're expected to be over by December

  • @nripendraku
    @nripendraku 3 місяці тому

    26:41 😊😊😅😅😂😂

  • @virendrasinhvaghela6860
    @virendrasinhvaghela6860 11 місяців тому

    ❤❤

  • @user-ks2it3lu2y
    @user-ks2it3lu2y 11 місяців тому

    Relief😂 ❤❤

  • @skegyan1407
    @skegyan1407 11 місяців тому

    Sir dec thak pura tax hoga appka main pdr asea tax kyi nhi pdr kiss ne

    • @StudyAtHome
      @StudyAtHome  11 місяців тому

      Yes, it is expected to be completed by December

  • @mdjahangiralam1009
    @mdjahangiralam1009 10 місяців тому

    47:14 flat rate @30% liye magar more than 400 crore toh mention nahi hai

  • @unnativerma5
    @unnativerma5 4 місяці тому

    11:03 sir ye concept toh rebate jaisa hi hai na?

    • @StudyAtHome
      @StudyAtHome  4 місяці тому

      Yes, rebate of new regime.

  • @ankityadav01358
    @ankityadav01358 4 місяці тому

    Sir I am watching for June 2024 , isse padhna se ho jayega na ?

  • @karinapathan80
    @karinapathan80 Місяць тому

    I don't understand marginal relief on 1,01,00,000

  • @technicalidbhai
    @technicalidbhai 11 місяців тому

    I want to buy new course ca intermediate for 2024

  • @shubhamdubey7765
    @shubhamdubey7765 6 місяців тому

    25% tax kyu nhi laga domestic co. Ka 30% kyu laga

    • @PriyankaChoudhary-mt1jj
      @PriyankaChoudhary-mt1jj 6 місяців тому

      Sir solved it by taking assumption u can take it 25% as well

    • @shubhamdubey7765
      @shubhamdubey7765 6 місяців тому +1

      @@PriyankaChoudhary-mt1jj okay understood thanx

    • @StudyAtHome
      @StudyAtHome  5 місяців тому

      Yes, it was an assumption, you can take 25%.

  • @chaupheychanakokma9768
    @chaupheychanakokma9768 11 місяців тому

    Sir, can i get ur no.

    • @StudyAtHome
      @StudyAtHome  11 місяців тому

      You can contact us on 7776012345