my annual salary 2,00,000 . Did I have to pay tax or not?

Originally posted by : vamshi
	Hi to all , my annual salary 2,00,000 . Did I have to pay tax or not? If  yes, is I am having any Itemised Tax Returns, can anyone suggest me good  Itemised Tax Return consultant in  india ?

Your earnings are mote then1,50,000 means , you have to pay taxes of your annual salary,Theire you will be having Itemised Tax Returns benefits also

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First of all you should check out in your salary slip that whether ur getting any exempted elements in the compensation? (like, conveyance, HRA etc.) and if after excluding the exempted elements, it exceeds Rs. 160000(being a male assesee) or 190000(in cas of female assesee), then on the balance amount you will be charged tax @ 10%. if not exceeding the limit then no tax is required to be paid.

Thanks