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Income tax calculation as on pension &fd,sb interest income
GTI 7,88,790,Deduction under 80C&80TTA total Rs1,60,000,Tax paid 6,000 on 13.12.2016&10,000/-14.03.2017 and TDS 4,779/-.As a Senior citizen what is my Income Tax liability ?234B &234C is attract or not.
Replies (2)
your total tax liability 45758
after reducing prepaid taxes , tax payable is 24979. so 234 B and C will attract
after reducing prepaid taxes , tax payable is 24979. so 234 B and C will attract
Just a minor addition 234C will attract only in case you have income from Business or Profession.
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