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Filing of return

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(Querist)
14 August 2012 Sir,

It is said that people with income of less than Rs 500000 need not file return for FY 2011-12. Suppose a person has salary income of Rs 400000 and interest income of Rs 150000 should he file return for FY 2011-12
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U S Sharma

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U S Sharma (Expert)
14 August 2012 yes he has to file return.
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srinath

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srinath (Expert)
14 August 2012 interest can be maximum Rs 10000

if it exceeds taht amount then return has be filed
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