mr.y is an employee of abc p ltd, draws a salary of rs490000 and has income from fixed deposite with bank of rs 10000
qu. is- whether ROI is to be filed?
and will notification no-36/2011 dated 23-6-2011 be applicable
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Direct tax query
Replies (1)
I think return is required to be filed because in your case the assessee is having interest income from fixed deposits.
As per Notification if the assessee has interest from saving accounts upto10K, then the assessee is not required to file the return.
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