Following are the conditions for the exemption:
1. The exemption is available to Individual only
2. Exemption is available for Assessment year 2012-13(Fy 2011-12)
3. Total Income(after deduction 80C to 80U) of Individual must be up to Five Lakh Rupees only.
4. Income must be earned from Salary and/or Saving Bank Interest up to Rs 10000/- .
5. Individual must have reported his pan to his employer.
6. He has Earned salary only from one employer during the year.
7. He has reported his income from saving Bank Interest to his employer for TDS deduction purposes.
8. Employer has deducted the tax on his Full income,salary plus interest {if any},and tds has been deposited in Govt account by the employer.
9. No refund is Due to assesse .
If all the above conditions are satisfied then you are exempted to file Income tax return for Financial year 2011-12. If this is the case, make a letter explaining the facts.
92B(the code for TDs on salary) and section 192 refers to TDs under the head salary.
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