If you are salaried employee and total income including interest does not exceed Rs. five lakh, you need not file I.T. Return. for more details read:
http://in.finance.yahoo.com/news/No-tax-return-salary-interest-pti-4140449186.html
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It is opined that the facility of not filing return is accompanied by such stiff conditions that there is hardly anyone who may actually avail the facility. Most slaried income tax payers have income from investments and so they have to file return.
http://timesofindia.indiatimes.com/business/india-business/Exemption-from-filing-No-one-can-avail-of-it/articleshow/9180069.cms
http://timesofindia.indiatimes.com/business/india-business/Exemption-from-filing-No-one-can-avail-of-it/articleshow/9180069.cms
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Gulshan Kumar Ajmani
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Created
Tuesday, 07 June 2011 20:10
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Tuesday, 30 November -0001 00:00
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