13 April 2026
hiii !!! filing of form 121 under new income tax act 2025( form 15G & 15H under old regime)
case 1: my interest and dividend income in total is 5,00,000
case 2 : my rent income is 3,50,000 and interest income is 7,50,000
case 3: my salary is 7,00,000 and interest income is 3,00,000
explain form 121 under new income tax act 2025, on above three cases and explain that we have to considered basic exemption limit or final tax liability shall be nil( case covered under rebate also )