Sunday, July 10, 2011

Know about it, but don't talk about it.

Exemption from filing income tax return? No one can avail of it

 Central Board of Direct Taxes has made millions smile by announcing that salaried taxpayers with annual income of up to Rs 5 lakh need not file returns. But the exemption looks good only on paper, nobody will be able to fulfil the conditions.

http://timesofindia.indiatimes.com/business/india-business/Exemption-from-filing-income-tax-return-No-one-can-avail-of-it/articleshow/9180069.cms

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