F.y 22-23 ITR 1

If income is 500000 per year and FD 400000 ot last 3 year of deposit..but person hence no pay tax..how can treat .he is propritership for fast food
Replies (1)

Is total income( 500000 )  including interest & other sources ?? then you will get the standard deduction up to 50000 , also having rebate of Rs. 12500/- available ........ then tax will not come ...... 

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