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Family income tax limit


03 May 2017 When wife and husband having salary and other sources income above six lakhs per annum ,then exemption limit jointly Rs2.5 Lakhs or Rs 5lakks, The tax calculation will be as separate individuals or combined, please clarify.

03 May 2017 Under income tax act every assessee is taxed individually. you and your qife are separate assessee in the eyes of income tax. you both will be taxed separately


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