Tax for the financial year 2019-20

Roughly the calculation is as follows:

Income from Salary =                  4,20,000

Income from Other Sources =      2,75,000

GTI                                           6,95,000

(-) Deduction

U/s 80C             1,20 000

U/s 80D               34,000

U/s 80TTB            50,000           2,04,000

Total Income =                           4,91,000

As your total income is less than Rs.5,00,000, you are eligible to rebate. In that case, you will not have any tax liability, but you have to file your return timely.