Poonawalla fincorp
Poonawalla fincorp

Slary Income below 500000 - Whether to file return of income

This query is : Resolved 

04 July 2011

Dear Friends,

My brother is getting salary income below five lakhs . Other than that what he is getting is very few interest on savings bank account ( less than 2000 for the whole year) . But he has not furnished the savings bank interest details to the employer.

Is he required to file return of income in the current year ? Kindly explain.



Thanks in advance

04 July 2011 According to me interest income is chargeable under the Income from other source and which is not related to the salary income.



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