IT FILE
This query is : Resolved
31 July 2010
HI EVERY BODY,
I WOULD LIKE TO KNOW IF MY SALARY IN A YEAR IS 235000.00,WHICH I INVESTED RS. 80000.00 IN LIC..WHERE I COME TAX LIABILTY OR NOT?
I WOULD LIKE TO KNOW IF MY SALARY IN A YEAR IS 235000.00,WHICH I INVESTED RS. 80000.00 IN LIC..WHERE I COME TAX LIABILTY OR NOT?
31 July 2010
No tax liability
31 July 2010
AGREED THERE IS NO TAX LIABLITY BUT YOU HAVE TO FILE RETURN.
31 July 2010
F.y.2009-10 (235000-80000 = 155000) no tax liability
F.y.2010-11 (235000-80000 = 155000) no tax liability
F.y.2010-11 (235000-80000 = 155000) no tax liability
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