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Tax & return liability in case of nri

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(Querist)
16 February 2013 A NRI person having Bank and other interest. Please ask tax rate for the Asst. Year 2011-2012 & 2012-2013

Is it compulsary for filling of return in cas e of NRI?

Which ITR Form is applicable?
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
16 February 2013 The Taxable limits are

A Y 2011-12 160000 (male)
A Y 2012-13 180000 (male)
.
ITR-1 will be applicable .
.
If Income exceeds then above limits -return filing is compulsory.
.
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