2000rs rebet available to which group of income


This query is : Resolved 

04 January 2014 Gross income 500000 without any claim of deduction 1 lakh or 500000 after claiming deduction? Which 5 lakh limi ? How to claim

04 January 2014 If gross income 570000rs.deduction 100000rs. So can i claim 2000 relief? Plz fast

04 January 2014 Hi

Its available on net taxable salary.

Thanks

05 January 2014 Means 570000-100000-200000=270000.this 270000 shall be compared to 500000 limit for 2000rs relief

05 January 2014 Means 570000-100000-200000=270000.this 270000 shall be compared to 500000 limit for 2000rs relief

05 January 2014 Means 570000-100000-200000=270000.this 270000 shall be compared to 500000 limit for 2000rs relief

05 January 2014 Yes

You have to calculate tax on oncome if it is less then 2000 then tax amount is nil else rebate of rs 2000

Thanks


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