Author Topic: No IT return if salary income upto 5 lac  (Read 3008 times)

RAJ

  • Guest
No IT return if salary income upto 5 lac
« on: February 22, 2012, 05:55:03 PM »
NOTIFICATION REGARDING No I.T. return if salary income upto 5 lac : extended for F.Y. 2012-13

DEEPAK

  • Unionist
  • *****
  • Offline
  • Posts: 633
  • Gender: Male
    • View Profile
    • Email
Re: No IT return if salary income upto 5 lac
« Reply #1 on: February 22, 2012, 06:11:26 PM »
Ki farak penda hai.
Income tax di limit badani chahidi hai.

j.k

  • Real Member
  • **
  • Offline
  • Posts: 218
    • View Profile
    • Email
Re: No IT return if salary income upto 5 lac
« Reply #2 on: February 22, 2012, 07:01:07 PM »
Exemption is applicble when net taxable income after all allowed deductions is upto 5 lac.

RAJ

  • Guest
Re: No IT return if salary income upto 5 lac
« Reply #3 on: July 21, 2012, 07:22:03 PM »
Income under 5 lacs from salary ? No need to file return
Exemption of Salaried Employees from Requirement of Filing of Returns for Assessment Year 2012-13


Central Board of Direct Taxes (CBDT) vide its Notification No. 9/2012 dated 17th February, 2012 has exempted salaried employees from the requirement of filing the returns for assessment year 2012-13. The exemption is applicable only if all the following conditions are fulfilled:-

   Employee has earned only salary income and income from savings bank account and the annual interest earned from savings bank account is less than Rs. 10 thousand.  The total Income of the employee does not exceed Rs. 5 Lakh (Total Income means Gross Total Income Less deductions under Chapter VIA).

   The Employee has reported his PAN to the employer.

   Employee has reported his income from interest on savings bank account to employer.

   Employee has received Form 16 from his employer.

   Total Tax Liability of employee has been paid off by employer by way of TDS and employer has deposited TDS with central government.

   Employee has no refund claim.

   Employee has received salary only from one employer.

   Employee has not received any Notice from Income Tax Department for filing of Income Tax return.


Source : http://pib.nic.in/newsite/erelease.aspx?relid=85439

sanjay7283

  • Guest
Re: No IT return if salary income upto 5 lac
« Reply #4 on: December 16, 2012, 10:04:59 PM »
Hello Friends
                  Ki koi Income Tax di Quarterly Return, Half Yearly Return Etc. Bare das sakda hai, eh kado fill karni hundi hai, te ki apan online fill kar sakde haan Ya pher Lawyer ton. Je kise ne Online fill kiti hai, tan plz usde steps jaroor dasna.
Thanks
« Last Edit: April 14, 2015, 05:56:02 PM by <--Jack--> »

Rkhsp

  • Guest
Re: No IT return if salary income upto 5 lac
« Reply #5 on: December 17, 2012, 06:45:24 AM »
I also need dis info..

BHARPUR

  • Full Member
  • ***
  • Offline
  • Posts: 655
  • Gender: Male
  • SINGH BHARPUR
    • View Profile
Re: No IT return if salary income upto 5 lac
« Reply #6 on: December 17, 2012, 06:52:24 AM »
I also want this information .
if anybody have it information please share it .

jaspreetmakkar

  • Guest
Re: No IT return if salary income upto 5 lac
« Reply #7 on: December 17, 2012, 10:00:53 AM »
we have filled the income tax return quarterly (depends ur annual income).u will register ur name to C.A then he will make ur income tax return CD (CD like slip)

Parvinder ghotra

  • Unionist
  • *****
  • Offline
  • Posts: 86
    • View Profile
    • Email
Re: No IT return if salary income upto 5 lac
« Reply #8 on: December 17, 2012, 10:50:35 AM »
 I am not clear that ur asking for TDS Return or  Ur own personal Return
TDS Return is to be filled by DDO/ employer and it is filed through CA

Personal Return is filed only annual and it is filed in may-august every year it can be filed online through income tax website http://incometaxindiaefiling.gov.in  . u can register ur pan here and fill form and upload it

 Parvinder singh   8146616126

sanjay7283

  • Guest
Re: No IT return if salary income upto 5 lac
« Reply #9 on: December 17, 2012, 04:42:27 PM »
R/Sir Main computer teachers de income tax di gal kar raha haan, kyonki computer teachers da income tax Bank ch deposit karvauna hunda hai, us ton baad jehra Process income tax lawyer ton karwana hunda hai, ki oh apan online aap kar sakde haan, Je kise nu knowledge hai tan plz online return bharan de process de step jaroor dasna

 

Income Tax Relief -Arrears of 6 th pay commission --- Relief Under section89(1)

Started by SkS

Replies: 23
Views: 7768
Last post February 15, 2013, 07:50:17 PM
by deep96
Income Tax Software revised for CPF contributors. Sec 80CCD(1) & 80CCD(2) added.

Started by Pankaj Sial

Replies: 1
Views: 1483
Last post August 12, 2015, 09:13:32 PM
by manjinder1974
Income tax assessment year 2015-16 of financial year 2014-15

Started by Gaurav Rathore

Replies: 6
Views: 3050
Last post September 28, 2015, 04:46:36 AM
by Baljit NABHA
Punjab Sarkar new employess di salary ghatun di tiyari ch

Started by Ajay Pal Singh

Replies: 47
Views: 10883
Last post July 15, 2013, 05:44:24 PM
by Baljit NABHA
Section 24 of the income tax act provides deduction in respect of home loan

Started by PRITAM DASS

Replies: 5
Views: 589
Last post September 08, 2016, 02:27:23 PM
by Raman