03 March 2014
The exemption limit for filling return of income for gov. employee Rs.500000 is gross total income or net income? suppose my income before deduction is Rs.5,19,000 is he required to file return ?
03 March 2014
Net Income has to be considered to check the exemption limit. For details please see http://incometaxindia.gov.in/archive/PressRelease_ExemptEfilingSalaryPerson_06232011.pdf
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