For filing of itr - f.y. 2012-13 asstt. year 2013-14
This query is : Resolved
20 March 2014
Dear Sir,
Facts of the case are as under :
1. Salaried person
2.Gross Salary Rs. 550000.00
3.Deduction U/s 80 C Rs 100000/-
Whether the Assessee is liable for filing of ITR or not.
Thanks
Facts of the case are as under :
1. Salaried person
2.Gross Salary Rs. 550000.00
3.Deduction U/s 80 C Rs 100000/-
Whether the Assessee is liable for filing of ITR or not.
Thanks
20 March 2014
yes since it has crossed the basic exemption limit of rs 2,00,000
20 March 2014
As per exemption provided by govt in income tax act he has a option to file ITR for A.y 2012-13. but after that
ITR is mandatory for him. as his taxable income is more than 2lakh i.e basic exemption limit.
ITR is mandatory for him. as his taxable income is more than 2lakh i.e basic exemption limit.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Value of property in capital gain
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- SFT Cash Deposit in Current Account
- FORM 26A APPLICABILITY
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
