E-filing :taxable inc.>5 lakhs or total inc.>5 lakhs

Necessity of e- filing necessary if Total Income exceeds 5 lakhs OR

                                                            Taxable Income exceeds 5 lakhs.

Please clarify.

Replies (3)

It's total Income , i.e. taxable income

Mr. CA sorry to say that I did not understand your answer. can U be more clear - IE with an example......

When Taxable income exceeds Rs 500000

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