Income tax for online survey filling job

This query is : Resolved

Prabhakar (Querist)
Follow

12 November 2011 dear sir I am doing online survey filling job. Monthly I am getting 4000. Sometimes it may be less. Please tell whether I need to pay any income tax. Totally I am not aware about this taxes. Kindly explain in detail

A. Sankaranarayana

A. Sankaranarayana (Expert)
Follow

13 November 2011 Dear Mr. Prabhakar,

1. if the total income of the person excesds Rs.1,50,000.00 per annum only, need to file a return.

2. In your case, your total income for the year is Rs.48,000.00 only.

3. Don't Worry. Whenever, it reaches the taxable limit, kindly file the return and be a GOOD CITIZEN of INDIA.

Tapas Ruparelia

Tapas Ruparelia (Expert)
Follow

13 November 2011 I'd like to correct u.
The exemption limit has been raised to 1,80,000 from current fiscal. So no tax upto rs 180000.
Plus U can make investment under section 80C and save tax on futher rs 1 lac
Regards