Salary less

No filing of I-T returns if salary is less than Rs. 5 lakh/year 22 February 2012

"An individual whose total income for the relevant assessment year does not exceed Rs 5 lakh and consists of only income chargeable to income-tax under...salaries...(and) income from other sources, by way of interest from a saving account in a bank,...

Keywords: Salary less, assessment year 2012-13, bank deposits, Direct Taxes Code

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