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
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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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