If your earning is up to Rs, 5, 00,000 during the financial year then you may not require filing your income tax return. From the financial year ending 31st march 2012, if an individual’s total income does not exceed Rs. 5, 00,000 and consists of only salary and/or interest from a bank saving account not … Read More » "No Need to file Income tax return if you have only Salary Income up to Rs. 5, 00,000"
Income tax return for 2 or ITR2 is to be used by an individual or a Hindu Undivided Family whose total income for the assessment year 2013-14 includes:- Income From; Salary / Pension; or House Property; or Capital Gains; or Other Sources (including Winning from Lottery and from Race Horses). Further, in a case where … Read More » "Download ITR2 – Things to be remembered while filing ITR2"