Income tax notice
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 August 2013
Respected Members,
I have received a notice of not filing my income tax return for the assessment 2010-2011 and 2011-2012. I am a salaried person having income less then Rs. 5 Lakh. Can you please guide me whether there was exemption limit of Rs. 5 lakh for both the assessment years or not?
Thanks
I have received a notice of not filing my income tax return for the assessment 2010-2011 and 2011-2012. I am a salaried person having income less then Rs. 5 Lakh. Can you please guide me whether there was exemption limit of Rs. 5 lakh for both the assessment years or not?
Thanks
Dintakurthi Tirumala
(Expert)
29 August 2013
For both the above assessment years basic tax exemption limit is
For Individual Men Rs. 1,60,000
For Individual Women Rs.1,90,000
For senior citizens Rs. 2,40,000
OM SAI SRI SAI JAI JAI SAI
For Individual Men Rs. 1,60,000
For Individual Women Rs.1,90,000
For senior citizens Rs. 2,40,000
OM SAI SRI SAI JAI JAI SAI
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