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Am i liable for income tax in a.y.2013-14?

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Querist : Anonymous

Querist : Anonymous (Querist)

03 March 2013 My particulars are as follows:
Salary (annual) 108,000
Dividend from MF 13,500
Dividend from Shares 2,900
Dividend re-invested 1,500
UTI RBP dividend declared as bonus & added to investments 250,000
Bank Interest 255,000
Postal Interest 27,000

I am a senior citizen above 60 years of age.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)

03 March 2013 Yes sir, you have to file the return as the limit for the Senior Citizen is Rs 250000/- only.
.

CA Neha Chauhan

CA Neha Chauhan (Expert)

13 March 2013 If your income before availing exemption u/s 10 and deduction u/ch VIA exceeds minimum exemption limit in your case Rs.250000/- you have file return before due date...in your case your income exceeds such limit, so you have to file your return..

Regards,
Neha Chauhan

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