How much will a doctor with a physical disability and annual net income of around Rs. 2.8 lakhs pay in income tax? Which ITR form is to be filled out?

For disability a deduction of ₹75,000/- is available u/s 80U.Rebate u/s87AFor AY 17–18, rebate was ₹5,000/- or income tax which ever is lower for person with income less than ₹5,00,000/-For AY 18–19, rebate is ₹2,500/- or income tax whichever is lower for person with income less than 3,50,000/-So, for an income of 2.8 lakhs, taxable income after deduction u/s 80U will remain ₹2,05,000/- which is below the slab rate and hence will not be taxable for any of the above said AY.For ITR,If doctor is practicing himself i.e. He has a professional income than ITR 4 should be filedIf doctor is getting any salary than ITR 1 should be filed.:)

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Omb 0596 0080 Expires 8 Form 2007

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What is the Omb 0 Expires 8 Form

The Omb 0 Expires 8 Form is a government document used for various administrative purposes. It is essential for individuals or businesses that need to comply with specific regulatory requirements. This form typically includes sections for personal identification, relevant details about the request, and necessary declarations. Understanding its purpose is crucial for ensuring proper completion and submission.

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How much will a doctor with a physical disability and annual net income of around Rs. 2.8 lakhs pay in income tax? Which ITR form is to be filled out?
For disability a deduction of ₹75,000/- is available u/s 80U.Rebate u/s87AFor AY 17–18, rebate was ₹5,000/- or income tax which ever is lower for person with income less than ₹5,00,000/-For AY 18–19, rebate is ₹2,500/- or income tax whichever is lower for person with income less than 3,50,000/-So, for an income of 2.8 lakhs, taxable income after deduction u/s 80U will remain ₹2,05,000/- which is below the slab rate and hence will not be taxable for any of the above said AY.For ITR,If doctor is practicing himself i.e. He has a professional income than ITR 4 should be filedIf doctor is getting any salary than ITR 1 should be filed.:)

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2007-2025 Form

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What is the Omb 0 Expires 8 Form

How to use the Omb 0 Expires 8 Form

Steps to complete the Omb 0 Expires 8 Form

Legal use of the Omb 0 Expires 8 Form

Form Submission Methods

Key elements of the Omb 0 Expires 8 Form

Quick guide on how to complete omb 0596 0080 expires 8 2007 form

Explore the simplest method to complete and endorse your [SKS]

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FAQs

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How to create an eSignature for the omb 0596 0080 expires 8 2007 form

How to generate an eSignature for the Omb 0596 0080 Expires 8 2007 Form in the online mode

How to make an eSignature for your Omb 0596 0080 Expires 8 2007 Form in Chrome

How to generate an electronic signature for signing the Omb 0596 0080 Expires 8 2007 Form in Gmail

How to create an eSignature for the Omb 0596 0080 Expires 8 2007 Form straight from your mobile device

How to make an eSignature for the Omb 0596 0080 Expires 8 2007 Form on iOS devices

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