Income tax returns - FOREIGN AND INDIAN INCOME

This query is : Resolved

suresh (Querist)
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21 July 2022 MY EX OFFICE COLLEGUE LEFT ABROAD FOR JOB IN SEPT 21 AND AGAIN RETURNED TO INDIA IN JAN2022. HE IS STAYING IN INDIA FROM JAN 2022 ONWARDS.

MY EX OFFICE COLLEGUE HAS THE FOLLOWING INCOME FOR LAST FY 2021-22

SALARY FROM INDIAN EMPLOYER 3,75,000
SALARY RECEIVED FROM FOREIGN CO 11,30,000
INTEREST ON SB ACC 29,000
INTEREST ON FIXED DEPOSIT 67,000

INVESTMENT -80 C 1,50,000
INVESTMENT -80D MEDICAL 25,000
INVESTMENT -80 TTA 10,000

WHAT WILL BE THE TAX LIABILITY FOR AY 2021-22.
WHAT ARE THE LIKELY DEDUCTION AVAILABLE.

PLS ADVICE

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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21 July 2022 Total taxable income is Rs. 16.01 L
Deductions Rs. 1.85 L
Fill in ITR 1, utility will calculate tax liability.

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