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Why Most Employees With Salary Below Rs 5 lakh Will Have to File Return!!

The objective of exempting employees having salary income below Rs 5 lakh will benefit few persons only as the conditions are such that most of the salaried employee will not be imposition to avail the benefit. CBDT has issued NOTIFICATION NO. 9/2012 [F. NO.225/283/2011-ITA(II)], DATED 17-2-2012 by which the conditions have been put for individuals having total income below…

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