My income for the year of 12-13 was 6 lac for 13- 14 6 lac and for the year 14-25 7.5 lac but I hv not paid until now what would be my tax liabilities as I hv invested 1lac each year in insurance too??
Asked 3 years ago in Income Tax from Raipur, Chhattisgarh
You can pay tax and file your return online for asst year 2014-15 and 2015 -16 and for 2013-14 you will have to file return in hard copy.
In my opinion , you are liable for the tax in all the three years and you should pay the tax after proper computation and file the ITR . You can file the ITR for AY 13-14 and 14-15 as of now as the earlier year has become time barred .
CA, New Delhi Area, India
I suggest that you can use tax calculator provided in the Income Tax Department portal at the following link:
Your actual tax liability depends upon your age, residential status and gender.
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