NOW, SALARIED PERSON WHO HAVE TAXABLE INCOME BELOW 5.00 LAKHS, NEED NOT FILE I.T RETURN.
AS PER THE NEWS HOSTED IN 'THE HINDU"
Dheeraj
(Learner)
(1100 Points)
Replied 26 May 2011
Yes, the person having only salary income is exempt from filing income tax return from A.Y 2011-12
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
CAclubindia
