Itr ay 2012-13

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Querist : Anonymous

Querist : Anonymous (Querist)

07 August 2013 what is exemption limit ? MY total income is 110775 as contractual basis

CA PARAS BAFNA

CA PARAS BAFNA (Expert)

07 August 2013 Yes, you can file a belated return and claim Refund.
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In such cases, take care of exemption limit. In case, the income, if, is below exemption limit , do not try to enhance the same.
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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

07 August 2013 Exemption limit is Rs 2 lacs.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)

07 August 2013 "what is exemption limit ? MY total income is 110775 as contractual basis"-Anonymous
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The exemption limit for the AY 2012-13 is Rs 1.80 lacs for a male assessee.
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(@ Sanjay Bhai- The query has been modified by the Author.)

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

07 August 2013 Ok Paras Sir...I also did not notice the AY mentioned in Subject line.

Further the query should not be modified. Any further query may be asked as separate question.

Querist : Anonymous

Querist : Anonymous (Querist)

07 August 2013 ok ! i will take care of this further. Thanks a lot both of you.

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