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/-
Recent Topics :
- Can I pursue articleship alongside a regular full-
- Investment fund's income from ncd distribution to
- Comparative BS PL with Audit report
- Source of funds in IT returns
- Work from home job
- TDS ON ANY PURCHASE OF ANY GOODS - 393(1)
- TDS on payment to a non resident
- NSFA(National Food Security Act) commission
- RCM applicability on petty GTA freight (₹450
- Short payment reccieved in export & GST implic
Related Topics :
22 September 2026
Account Assistant
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
ARTICLESHIP
21 September 2026
CA Article Assistant
KK & Company Chartered Accountant
Pune
CA Inter
View Details
ARTICLESHIP
30 September 2026
CA Article Assistant
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
CCI
Pro
CAclubindia
