return query

This query is : Resolved 

12 April 2009 hey i wanted to ask if i got income only from salary and my TDS is deducted by the employer do i still need to file a return???

12 April 2009 yes u need to file

12 April 2009 thanxx

12 April 2009 Whats the Logic anyway????

12 April 2009 as per sec 139(1) if your income is above exemption limit you need to file return

12 April 2009 as per sec 139(1) if your income is above exemption limit you need to file return

12 April 2009 if u don't file it , then penalty of 5000 can be imposed after the end of assessment year

13 April 2009 Yes, you are eligible to file your income tax return u/s 139(1)


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