• Not paid income tax

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 9 years ago in Income Tax

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.

Vijay N. Kale
CA, Hyderabad
248 Answers
13 Consultations

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 .

Prakash Sinha
CA, New Delhi Area, India
120 Answers
20 Consultations

I suggest that you can use tax calculator provided in the Income Tax Department portal at the following link:

http://www.incometaxindia.gov.in/Pages/tools/tax-calculator.aspx

Your actual tax liability depends upon your age, residential status and gender.

B Vijaya Kumar
CA, Hyderabad
1018 Answers
124 Consultations

for tax liabilities kindly send the details on our mail ID

Shyam Sunder Modani
CA, Hyderabad
1409 Answers
164 Consultations

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