Comment on Notice under Section 139(9)? - Possible reason
commented on
09 Aug 2013, 05:35 AM
Reena,
Sorry about the earlier information, the exemption upto 2.5lks is only for senior citizens.
2lks for you and 2lks for your husband, together upto 4 lks from both of you is exempt from taxes. after 2lks the slabs are as mentioned on this blog.
Cheers,