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Advice

(Querist) 25 March 2012 This query is : Resolved 
1.What is the non taxable limit for the assessment yr 2011-2012?

Raj Kumar Makkad (Expert) 25 March 2012
Rs. 1.8 lac for man and 2 lac for woman.
C. P. CHUGH (Expert) 25 March 2012
for AY 2011-12 the maximum amount which is not chargebale to tax is as under :
for Indivuals and HUF other than women and Senior Citizen Rs. 1,60,000.00
for Women Rs. 1,90,000.00
for Senior Citizen Rs. 2,40,000.00
for Companies and Firm Nil


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