Answers
If I have my taxable income of Rs. 4,95,000, whether it is taxable or not. if it is taxable what is the amount of Income Tax for the F.Y. 2019-20?
Answer by: vishal
You have taxable income of Rs. 4,95,000 during the financial year 2019-20. It is exempted under Income Tax Act. No Income tax till Income of Rs 5 lakh for individual tax payers.
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