EXEMPTION OF INCOME TAX RET. 500000.00


09 July 2011 SIR,
PLS TEL ME THIS EXEMPTION LIMIT OF 500000.00 ON INCOME TAX RET(SALARIED)IS GROSS TOTAL AMOUNT OR NET TAXABLE AMOUNT(AFTER DEDUCTION 80C & OTHER DEDUCTION.

09 July 2011 Dear Kailash,

The exemption limit of Rs.500000 on net Taxable amount (after deduction 80C & other deduction)



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