Rule 86 B -Income tax conditions

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32 Points Posted on 02 January 2021
Rule 86 B ke liye, Income tax kisi ek saal ka dekhna hai ya dono saal 1 lakh se upar pay hona chahiye, aur ye income tax paid hai ya payable means..advance tax, tds, aur I.Tax combine agar 1 lakh ke upar ja raha hai to ..plz explain
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On 02 January 2021 at 16:42 Report
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Rule 86B relates to income tax conditions. It clarifies that your taxable income must be over £1 lakh in the preceding two financial years to avoid this rule. This includes income tax paid or payable, such as advance tax, TDS, and the total income tax combined.

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Profession
28261 Points Posted on 02 January 2021
Maintain language decorum.
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On 02 January 2021 at 17:24
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Student
23693 Points Posted on 03 January 2021
Your Taxable Income should be more than Rs. 1 lakhs in the preceding "TWO FINANCIAL YEAR."

Matlab agar apne pichle 2 saal pe Rs. 1 lakhs ya usse jayda Income Tax pay kia ho toh apko Rule 86B follow nahi karna parega.
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On 03 January 2021 at 00:47
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32 Points Posted on 03 January 2021
What about tax payable
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On 03 January 2021 at 08:03

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