Easy Office
LCI Learning

Regarding tax

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 December 2011 I have 2 lac salary is it taxable?
Profile Image

CA VISHAL RANA,CS,B.Com,AMFI

Profile Image

CA VISHAL RANA,CS,B.Com,AMFI (Expert)
21 December 2011 Yes it is more than exemption slab which is Rs. 160000 for Individual and Rs. 190000 for resedent woman individual.

salary of Rs. 2 lac still taxable..you can save tax by get the deduction u/s 80C.
Profile Image

Guest

Profile Image

Guest (Expert)
21 December 2011 Dear Vishal Ji,

For A.y. 2012-2013, limit of male individual is 180000 instead of 160000.

Thanks.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

anurag

Profile Image

anurag (Expert)
22 December 2011 Take exemtion of HRA, submit medical bills and chance are that u need not to submit your ITR.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links