+ Reply to Thread
Results 1 to 3 of 3

Thread: exemption of Income Tax return

  1. #1
    Junior Member akmisra is on a distinguished road
    Join Date
    Jun 2011
    Posts
    8

    Question exemption of Income Tax return

    Respected Sir(s)/Friend(s)
    I am a central govt. employee . I was transferred in three diffrent places during the F.Y. 2010-11( i.e. DDO's Chandigarh,NewDelhi & Kanpur ) . My net total income for the F.Y. 2010-11 is less than 5 laks.
    please tell me that I am exempted to fill the Income Tax return for the F.Y. 2010-11 or not.
    With regards,
    A.K.Misra

  2. #2
    Senior Member Ramnath is on a distinguished road
    Join Date
    Jan 2010
    Posts
    142

    Default If your taxable income (after deductions) is less than Rs.5 lakhs, you need not file.

    Quote Originally Posted by akmisra View Post
    Respected Sir(s)/Friend(s)
    I am a central govt. employee . I was transferred in three diffrent places during the F.Y. 2010-11( i.e. DDO's Chandigarh,NewDelhi & Kanpur ) . My net total income for the F.Y. 2010-11 is less than 5 laks.
    please tell me that I am exempted to fill the Income Tax return for the F.Y. 2010-11 or not.
    With regards,
    A.K.Misra
    You need not file if your taxable income (after deductions) is less than Rs.5 lakhs.
    Ramnath

  3. #3
    Senior Member Victor is on a distinguished road
    Join Date
    Jul 2010
    Location
    New Delhi
    Posts
    1,537

    Default

    Quote Originally Posted by akmisra View Post
    Respected Sir(s)/Friend(s)
    I am a central govt. employee . I was transferred in three diffrent places during the F.Y. 2010-11( i.e. DDO's Chandigarh,NewDelhi & Kanpur ) . My net total income for the F.Y. 2010-11 is less than 5 laks.
    please tell me that I am exempted to fill the Income Tax return for the F.Y. 2010-11 or not.
    With regards,
    A.K.Misra
    You are not covered under the scheme since you were not under one employer only.

    Victor

+ Reply to Thread

Similar Threads

  1. Income tax exemption for having availed house building advance
    By vishalbalaji in forum Other Service Matters
    Replies: 8
    Last Post: 29-12-2010, 07:58 PM
  2. Exemption of Tpt Allowance from Tax
    By R K Rao in forum Income Tax
    Replies: 5
    Last Post: 29-10-2010, 05:26 AM
  3. Income Tax
    By drmanasksinha in forum Income Tax
    Replies: 6
    Last Post: 23-07-2010, 11:32 PM
  4. Income Tax
    By ukkas in forum Income Tax
    Replies: 1
    Last Post: 22-12-2009, 10:04 PM
  5. Income tax
    By parthava in forum Income Tax
    Replies: 2
    Last Post: 14-12-2009, 09:16 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts