Tax Liability Incase of NR

If a person is Senior Citizen
Has taxable income of 4,50,000
But he is NR.

SO
Tax should be
10,000 OR 7,500

Because NR will not get exemption of 3L or 5L.
Replies (6)
Quick Summary
This discussion clarifies the tax liability for a Non-Resident (NR) senior citizen with a taxable income of ₹4,50,000. Unlike resident senior citizens, NR individuals do not benefit from the higher income tax exemption limits of ₹3 lakh or ₹5 lakh. Therefore, their tax liability is calculated based on the general exemption limit, resulting in a tax of ₹10,000 plus a 4% cess.

Nil tax

It seems, She missed the word NR.

Tax liability Rs. 10,000/- + 4% cess...

Thanks to update Dhirajlal Rambhia Sir. (I missed NR)

Tax will be 10000+cess

Welcome Dear.......

Its common, when workload is more........

Good Luck...

Thank You Sir.

Most welcome ....               

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