Pls clarify on the following
X has agricultural income of Rs 202263,Other income RS 81519. How to compute the tax liability for X.
If i add Rs 150000 to Agri income and calculate tax it is more than tax payable on Aggregate income (i.e AGri+ Non Agri)
In that case you have no need to pay tax ....................
YES YOUR TAX LIABILITY WILL BE NIL
ur income is exempt from income tax ...
CAclubindia
