Nil return

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Querist : Anonymous (Querist)
29 May 2013 if in form 16 no any employee libel to pay tax then filing of tds return require or not.

plz.advice me with details

29 May 2013 Salaried employees earning up to Rs 5 lakh a year need not file income tax returns .

The exemption from filing I-T returns is applicable only if "the total income of the employee does not exceed Rs 5 lakh ... (and) the annual interest earned from savings bank account is less than Rs 10,000".


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