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Salaried persons having annual income less than Rs.5 Lacs are exempted from filing of IT return, exceptions to above (Compulsory Return filing)-
-Who have more than 1 job in Current year.
-Who earns more than Rs.10000 as saving deposit interest.
-who hav incom from any other head also.
For this employees will have to get Form16 from employer of Tax Deduction.
By CAhelpers
Friday, June 24
Salaried Employees having Annual income less than Rs.5 Lacs exempt from filing of IT Return
Friday, June 24, 2011
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