Post the exact query.............
| Originally posted by : Zubaida Sidiq | ||
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can i post the question | ![]() |
Yes... You can post the query...
You can definitly get Answer / Solutions from our Great Expert Mr. Dhirajlal Rambhia Sir...
As such there is no tax liability.
Because the gift from brother of his spouse and agricultural income earned are tax exempt.
Only liability of tax would have arised on the gift received from his cousin, but that is under basic exemption limit, so net tax liability is nil.
But he must file ITR for the relevant year.
I have taken query as real case of super sr. citizen, as single part.
But it hold good even for senior citizen of 60 years and above.
For any assessee below 60 years of age tax liability will arise over Rs.50,000/- at 20 percent slab....... subject to other deductions.....
| Originally posted by : Zubaida Sidiq | ||
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thank you Sir.... i think here is miss print in book....i had followed the same concept.....but still ans is not matching... but thank you sir for helping me.....I from Kashmir and in my area there are highly educated people...Doctors engineers and other. but no one is from Our profession....and whenever i faced prblm no1 here for hplng me...but now em feeling so glad that some1 here.....once again thank you sir | ![]() |
(You can definitly get Answer / Solutions from our Great Expert Mr. Dhirajlal Rambhia Sir...)
So,
Now you are satisfied with above reply from Sir....
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