No Income tax return

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 exceeding Rs. 10, 000 then he is exempted from filling his IT return. … [Read more...] about No Need to file Income tax return if you have only Salary Income up to Rs. 5, 00,000