Not To File I. T. Return for Salary upto 5 Laksh,
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 June 2011
Dear Sir/Madam,
Can any one give me full details of circular or other documents for not filing the return if taxable salary is upto 5 lakhs.
Thanks in advance
Can any one give me full details of circular or other documents for not filing the return if taxable salary is upto 5 lakhs.
Thanks in advance
24 June 2011
https://www.caclubindia.com/forum/scheme-exempting-salaried-taxpayers-with-total-income-up-to-151031.asp
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 June 2011
But sir,
Whether interst recd. on Fixed Deposit with banks will also be eligible for the criteria of Interest Upto 10000 Rupees
Whether interst recd. on Fixed Deposit with banks will also be eligible for the criteria of Interest Upto 10000 Rupees
24 June 2011
Individuals having total income up to Rs. 5,00,000 for FY 2010-11, after allowable deductions, consisting of salary from a single employer and interest income from deposits in a saving bank account up to Rs. 10,000 are not required to file their income tax return.
25 June 2011
if interest from Fixed deposits is received then the person has to file IT return.
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