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SAMIR DESAI (Querist)
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22 September 2011 Dear Sir, me not fill income tax return for assy tear 2010-11,if i fill today & my salary income is 230447,consultancy fees 310537 & investmnet us 80c 100000 & tds deducted on cunsultancy fees of Rs. 32416,than i fill this return today than how much amount is taxable & how much taaxliability as on today

virendra jain

virendra jain (Expert)
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22 September 2011 your total income is 540984 less deduction u/s 80c is Rs. 100000 then total taxable income will be 440984/-. max. exemption limit is Rs. 160000/- for male not senior person. then total tax will be 28941/- and your TDS is 32416/- so no your tax liblity create so u r not liable for interest payable u/s 234A/B/C and then finally u will get Refund Rs. 3474/-.
if any query plz contact on: virendrajainca@gmail.com

CA kuldeep kothari

CA kuldeep kothari (Expert)
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22 September 2011 your gross total income is = 540984
less - deductions u/s 80c = 100000

total income
(rounded off) =440980
tax on first 160000= nil
tax on 160000-440980= 28098
add: ec and shec = 843

total tax payable = 28941
less: tds ded.on
salary = -
: tds on consultancy = 32416

refund = 3474

nothing else will be required
for queries u can contact me at cakuldeepkothari@gmail.com

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