Income Tax Return
ITR Exempted for Income less than 5 lacs
Like previous year press release this year also Govt. of India notified that all salaried tax payers earning an income including income from other source below Rs. 5 Lacs, shall be exempted like previous year from filing of Income Tax Return for this year i.e. Assessment Year 2012-13., subject to the following conditions: 1. Salaried [...]
Automated New SAHAJ (ITR 1) in Excel
The Govt. of India recently exempted filling of return of salaried taxpayers having income up to 5 lakhs for the financial year 2010-11 i.e. for Assessment year 2011-12. Others having income above 5 lakhs are directed to submit return within 31st July, 2011. Just a week ahead. This Excel Utility upon some inputs automatically fill [...]
Income Tax Return Exempted for Tax Payers below 5 Lakhs
No. 402/92/2006-MC (14 of 2011) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes *#* New Delhi, dated the 23rd June, 2011 PRESS RELEASE The Central Board of Direct Taxes has notified the scheme exempting salaried taxpayers with total income up to Rs. 5 lakh from filing income tax [...]
