Incometax
kishorchandra p mehta
(Querist) 08 June 2016
This query is : Resolved
sir,
I am individual,senior citizen and my total annual income for FY 2015-16 comes to
Rs 321945 (including interest of Rs
69547/-on fixed deposits with bank.)
While going through various tax calculators, they show tax liability as
2261/- while through IT Deptt.,website,
the tax liability is shown as Rs 201/-(including education cess etc.,)
Sir, would you kindly guide me what tax I should pay and before what date ?
Awaiting early guidance.
K.P.Mehta.
R.K Nanda
(Expert) 08 June 2016
consult tax lawyer.
Rajendra K Goyal
(Expert) 09 June 2016
Again calculate on the IT department site.
There is discount for senior citizens and income below 5 lacs.