income tax


This query is : Resolved 

(Querist)
25 May 2017 what is the tax liability of women age 40 years having gross total income rs. 310000 and contributing 9000 for lic. and 12000 ppf. ?

Studentsca (Expert)
25 May 2017 There would be no tax payable.

25 May 2017 Taxable income is below taxable limit after deduction under chapter VI A, so no tax liability.


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