Compulsory efiling 5 lakhs taxable income or gross income

This query is : Resolved

Harsh (Querist)
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04 August 2013 Dear members,
Please,
urgent help regarding compulsory efiling of return having total income in excess of Rs.5 lakhs ( as per Itax website )

If I am having gross salary income of Rs.5,70,000 /= and after deducting prof.tax and transport allowance...

Income under Salary - Rs. 5,60,000 /=
Interest Income - Rs.20,000 /=

Gross Total Income - Rs. 5,80,000 /=

and after claiming deduction under section 80C of Rs.80,000

Taxable Total Income - Rs. 5,00,000 /=

now as per compulsory efiling notification just want to know whether it means compulsory efiling to be done if
a ) Gross Total Income ( including
salary ) exceeds 5 lacs or

b) if Total Taxable Income exceeds 5 lacs
(salary income less ded.u/s.80C )

Please help..

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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04 August 2013 The wordings used in proviso (a) to Rule 12(3) of the Income tax Rules,1962 is 'total income exceeds Rs.5 lakhs'.....
In your case ,the toal income is Rs. 5,00,000/- hence, e-filing is not mandatory.

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Harsh

Harsh (Querist)
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04 August 2013 sir..thank you very much for your help..

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