1.Present Non Taxable income is 250000/-
2.Upto Rs 500000 there is rebate of Rs 12500/- from 250000 to 500000.
3.Still whether we need to submit Investment paper under section 80c for more than Income of Rs 250000/- up to 500000/- or not.
4 If we will not submit Investment particulars or paper then whether income tax will be deducted from salary or not up to Rs500000
Regards
Shekhar
Menu
taxable income from Salary
Replies (2)
You can Show actual Salary & actual Investment in income tax,You earn salary is between 2,50000-5,00000,you need to Show Actual Salary & Investment.
whether Form 12BB to be submitted?
if it is less than Income of rs 500000/-
if it is less than Income of rs 500000/-
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