NOTIFICATION NO 9/2012, Dated: February 17, 2012

In exercise of the power conferred by sub-section (IC) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby exempts the following class of persons, subject to the conditions specified hereinafter, from the requirement of furnishing a return of income under sub-section (1) of section 139 for the assessment year 2012-13, namely:-

1. Class of persons.- An Individual whose total income for the relevant assessment year does not exceed five lakh rupees and consists of only income chargeable to income-tax under the following head,-

(A) “Salaries”;

(B) “Income from other sources”, by way of interest from a saving account in a bank, not exceeding ten thousand rupees.

2. Conditions,- The individual referred to in para 1,-

i) has reported to his employer his permanent Account Number (PAN);

ii) has reported to his employer, the incomes mentioned in sub-para (B) of para I and the employer has deducted the tax thereon;

iii) has received a certificate to of tax deduction in Form 16 from his employer which mentions the PAN, details of income and the tax deducted at source and deposited to the credit of the Central Government;

iv) has discharged his total tax liability for the assessment year through tax deduction at source and its deposit by the employer to the Central Government;

v) has no claim of refund of taxes due to him for the income of the assessment year, and

vi) has received salary from only one employer for the assessment year.

3. The exemption from the requirement of furnishing a return of income tax shall not be available where a notice under section 142 (1) or section 148 or section 153A or section 153C of the incometax Act has been issued for filing a return of income for the relevant assessment year.

4. This notification shall come into force from the date its publication in the Official Gazette.

F.No.225/283/2011-ITA (II)

(Ajay Goyal)
Director (ITA-II)

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Category : Income Tax (27621)
Type : Featured (4029) Notifications (15857) Notifications/Circulars (32016)

7 responses to “CBDT exempts return-filing for salaried having total income upto Rs 5 lakh”

  1. NAGARABANK says:

    NOT AT ALL USEFUL TO ANY

  2. NAGARABANK says:

    NOT AT ALL USEFUL TO ANY

  3. NAGARABANK says:

    NOT AT ALL USEFUL TO ANY

  4. Emron Joee says:

    request u to provide,prsent procedure of calculating i.tax of a salaried women along-with her deceased husband’s family pension i.e.” income from other sources”.

  5. Emron Joee says:

    request u to provide,prsent procedure of calculating i.tax of a salaried women along-with her deceased husband’s family pension i.e.” income from other sources”.

  6. Emron Joee says:

    request u to provide,prsent procedure of calculating i.tax of a salaried women along-with her deceased husband’s family pension i.e.” income from other sources”.

  7. Noshirpnp says:

    Absolutely useless. How many people will benefit. Issued to gain cheap popularity during elections.

  8. Noshirpnp says:

    Absolutely useless. How many people will benefit. Issued to gain cheap popularity during elections.

  9. Noshirpnp says:

    Absolutely useless. How many people will benefit. Issued to gain cheap popularity during elections.

  10. Facvinodksh says:

    This notification is not going to serve much as the intention of CBDT is just an eyewash . Any assessee having any income from FD / NSC/ RD  will not be covered . Moreover the Housing Loan Interest even though covered in Form 16 , still return has to be filed . May be the intention is good , the direction is not proper .

  11. Facvinodksh says:

    This notification is not going to serve much as the intention of CBDT is just an eyewash . Any assessee having any income from FD / NSC/ RD  will not be covered . Moreover the Housing Loan Interest even though covered in Form 16 , still return has to be filed . May be the intention is good , the direction is not proper .

  12. Facvinodksh says:

    This notification is not going to serve much as the intention of CBDT is just an eyewash . Any assessee having any income from FD / NSC/ RD  will not be covered . Moreover the Housing Loan Interest even though covered in Form 16 , still return has to be filed . May be the intention is good , the direction is not proper .

  13. Facvinodksh says:

    This notification is not going to serve much as the intention of CBDT is just an eyewash . Any assessee having any income from FD / NSC/ RD  will not be covered . Moreover the Housing Loan Interest even though covered in Form 16 , still return has to be filed . May be the intention is good , the direction is not proper .

  14. jay says:

    https://taxguru.in/income-tax/cbdt-exempts-returnfiling-salaried-total-income-upto-rs-5-lakh.html
    This  notification is  just an eyewash &  hardly a  handful of assesses may be benefited
    1.       Any salaried employee  bound to have   some  interest  income from  deposits &    a very marginal   interest  of Rs.10000/- is  fixed  to ensure  that    very few assesses are left out
    2.       For  assessee  with     housing loan &   loan  interest benefit ,  this  notification will  not apply.
    3.       If there is refund claim , again  this  notification will  not apply.  
    There  is a  popular  story where, in  clash  of egos, one  person  challenges, “can u  carry    this mountain?”    –  
    The  other person (instead  of replying in negative) says, “ Sure,  please lift it  and place  it on my back and I will   carry it.  That was  a smart answer knowing  fully  well that  it is impossible  to lift a mountain  & place  it on the back.  
    CBDT,   by this  notification  tries  to show as if  they  have  made a  remarkable relief   /  assessee friendly  exemption,  making sure  while drafting the circular that  no assessee will  benefit out of  it. 

    • Manojmaitra says:

      Absolutely true.
      The notifn. is confusing. My queries are as follows —1) Income from other sources as mentioned in  1 (B) above  (INCOME FROM OTHER SOURCES)   indicates that the Savings Bank Interest does not exceed Rs 10,000/-  If I have ,say, Rs.4 lakhs in the Savings A/c, the interest I get is more than Rs.10,000/- . In such eventuality does the above clause gives me exemption. 2) Income from other sources as mentioned in 1 (B) does not indicate Interest from Fixed / Term deposits.3) No mention for  Pension from  LICI ( Barishtha Pension Yojana) My  income is from the following sources -a)  Pension from J.U  b)  Fixed deposits in  Banks ( SBI & AB)c)  LICI  Pension schemed)  Savings A/c of BanksTwo questions I feel are relevant related to above sources of income -1) If my total income is below the Taxable limit, do I need to file IT Return ? It is possible that in a particular Assessment year the income is below the taxable limit but the next year it exceeds the limit. If I do not file the return in for a particular year, then the continuity of my filing return for many years  is broken. Could this create trouble later ?2) If my total income is in the Taxable range and Bank(s) have deducted the Tax on interest of Fixed deposit do I need to file Return supposing that I am not interested to get any Refund due to me ( Suppose the Tax Refund is Rs.1000/- . I am agreeable to loose this amount to avoid paraphernalia of  filing the return which costs more than Rs.10,000/-)The  clause 2 (iii) above indicates  that the individual has reported his PAN to the employer. Banks are not my employer so what is the interpretation ?I feel that many such points have not been considered while preparing the notification. This indicate that the matter is not being handled by competent persons well trained professionally. Controversies due to such incomplete formulations  of  rules result in trouble, particularly when it percolates to the  lower level of the tax collecting authority. 

      • Sutarraju2009 says:

        Don’t west your time whether to file return or not ?
        Every year you file the return without fail.Any changes took place.

  15. jay says:

    https://taxguru.in/income-tax/cbdt-exempts-returnfiling-salaried-total-income-upto-rs-5-lakh.html
    This  notification is  just an eyewash &  hardly a  handful of assesses may be benefited
    1.       Any salaried employee  bound to have   some  interest  income from  deposits &    a very marginal   interest  of Rs.10000/- is  fixed  to ensure  that    very few assesses are left out
    2.       For  assessee  with     housing loan &   loan  interest benefit ,  this  notification will  not apply.
    3.       If there is refund claim , again  this  notification will  not apply.  
    There  is a  popular  story where, in  clash  of egos, one  person  challenges, “can u  carry    this mountain?”    –  
    The  other person (instead  of replying in negative) says, “ Sure,  please lift it  and place  it on my back and I will   carry it.  That was  a smart answer knowing  fully  well that  it is impossible  to lift a mountain  & place  it on the back.  
    CBDT,   by this  notification  tries  to show as if  they  have  made a  remarkable relief   /  assessee friendly  exemption,  making sure  while drafting the circular that  no assessee will  benefit out of  it. 

    • Manojmaitra says:

      Absolutely true.
      The notifn. is confusing. My queries are as follows —1) Income from other sources as mentioned in  1 (B) above  (INCOME FROM OTHER SOURCES)   indicates that the Savings Bank Interest does not exceed Rs 10,000/-  If I have ,say, Rs.4 lakhs in the Savings A/c, the interest I get is more than Rs.10,000/- . In such eventuality does the above clause gives me exemption. 2) Income from other sources as mentioned in 1 (B) does not indicate Interest from Fixed / Term deposits.3) No mention for  Pension from  LICI ( Barishtha Pension Yojana) My  income is from the following sources -a)  Pension from J.U  b)  Fixed deposits in  Banks ( SBI & AB)c)  LICI  Pension schemed)  Savings A/c of BanksTwo questions I feel are relevant related to above sources of income -1) If my total income is below the Taxable limit, do I need to file IT Return ? It is possible that in a particular Assessment year the income is below the taxable limit but the next year it exceeds the limit. If I do not file the return in for a particular year, then the continuity of my filing return for many years  is broken. Could this create trouble later ?2) If my total income is in the Taxable range and Bank(s) have deducted the Tax on interest of Fixed deposit do I need to file Return supposing that I am not interested to get any Refund due to me ( Suppose the Tax Refund is Rs.1000/- . I am agreeable to loose this amount to avoid paraphernalia of  filing the return which costs more than Rs.10,000/-)The  clause 2 (iii) above indicates  that the individual has reported his PAN to the employer. Banks are not my employer so what is the interpretation ?I feel that many such points have not been considered while preparing the notification. This indicate that the matter is not being handled by competent persons well trained professionally. Controversies due to such incomplete formulations  of  rules result in trouble, particularly when it percolates to the  lower level of the tax collecting authority. 

    • Manojmaitra says:

      Absolutely true.
      The notifn. is confusing. My queries are as follows —1) Income from other sources as mentioned in  1 (B) above  (INCOME FROM OTHER SOURCES)   indicates that the Savings Bank Interest does not exceed Rs 10,000/-  If I have ,say, Rs.4 lakhs in the Savings A/c, the interest I get is more than Rs.10,000/- . In such eventuality does the above clause gives me exemption. 2) Income from other sources as mentioned in 1 (B) does not indicate Interest from Fixed / Term deposits.3) No mention for  Pension from  LICI ( Barishtha Pension Yojana) My  income is from the following sources -a)  Pension from J.U  b)  Fixed deposits in  Banks ( SBI & AB)c)  LICI  Pension schemed)  Savings A/c of BanksTwo questions I feel are relevant related to above sources of income -1) If my total income is below the Taxable limit, do I need to file IT Return ? It is possible that in a particular Assessment year the income is below the taxable limit but the next year it exceeds the limit. If I do not file the return in for a particular year, then the continuity of my filing return for many years  is broken. Could this create trouble later ?2) If my total income is in the Taxable range and Bank(s) have deducted the Tax on interest of Fixed deposit do I need to file Return supposing that I am not interested to get any Refund due to me ( Suppose the Tax Refund is Rs.1000/- . I am agreeable to loose this amount to avoid paraphernalia of  filing the return which costs more than Rs.10,000/-)The  clause 2 (iii) above indicates  that the individual has reported his PAN to the employer. Banks are not my employer so what is the interpretation ?I feel that many such points have not been considered while preparing the notification. This indicate that the matter is not being handled by competent persons well trained professionally. Controversies due to such incomplete formulations  of  rules result in trouble, particularly when it percolates to the  lower level of the tax collecting authority. 

      • Sutarraju2009 says:

        Don’t west your time whether to file return or not ?
        Every year you file the return without fail.Any changes took place.

  16. jay says:

    https://taxguru.in/income-tax/cbdt-exempts-returnfiling-salaried-total-income-upto-rs-5-lakh.html
    This  notification is  just an eyewash &  hardly a  handful of assesses may be benefited
    1.       Any salaried employee  bound to have   some  interest  income from  deposits &    a very marginal   interest  of Rs.10000/- is  fixed  to ensure  that    very few assesses are left out
    2.       For  assessee  with     housing loan &   loan  interest benefit ,  this  notification will  not apply.
    3.       If there is refund claim , again  this  notification will  not apply.  
    There  is a  popular  story where, in  clash  of egos, one  person  challenges, “can u  carry    this mountain?”    –  
    The  other person (instead  of replying in negative) says, “ Sure,  please lift it  and place  it on my back and I will   carry it.  That was  a smart answer knowing  fully  well that  it is impossible  to lift a mountain  & place  it on the back.  
    CBDT,   by this  notification  tries  to show as if  they  have  made a  remarkable relief   /  assessee friendly  exemption,  making sure  while drafting the circular that  no assessee will  benefit out of  it. 

    • Manojmaitra says:

      Absolutely true.
      The notifn. is confusing. My queries are as follows —1) Income from other sources as mentioned in  1 (B) above  (INCOME FROM OTHER SOURCES)   indicates that the Savings Bank Interest does not exceed Rs 10,000/-  If I have ,say, Rs.4 lakhs in the Savings A/c, the interest I get is more than Rs.10,000/- . In such eventuality does the above clause gives me exemption. 2) Income from other sources as mentioned in 1 (B) does not indicate Interest from Fixed / Term deposits.3) No mention for  Pension from  LICI ( Barishtha Pension Yojana) My  income is from the following sources -a)  Pension from J.U  b)  Fixed deposits in  Banks ( SBI & AB)c)  LICI  Pension schemed)  Savings A/c of BanksTwo questions I feel are relevant related to above sources of income -1) If my total income is below the Taxable limit, do I need to file IT Return ? It is possible that in a particular Assessment year the income is below the taxable limit but the next year it exceeds the limit. If I do not file the return in for a particular year, then the continuity of my filing return for many years  is broken. Could this create trouble later ?2) If my total income is in the Taxable range and Bank(s) have deducted the Tax on interest of Fixed deposit do I need to file Return supposing that I am not interested to get any Refund due to me ( Suppose the Tax Refund is Rs.1000/- . I am agreeable to loose this amount to avoid paraphernalia of  filing the return which costs more than Rs.10,000/-)The  clause 2 (iii) above indicates  that the individual has reported his PAN to the employer. Banks are not my employer so what is the interpretation ?I feel that many such points have not been considered while preparing the notification. This indicate that the matter is not being handled by competent persons well trained professionally. Controversies due to such incomplete formulations  of  rules result in trouble, particularly when it percolates to the  lower level of the tax collecting authority. 

      • Sutarraju2009 says:

        Don’t west your time whether to file return or not ?
        Every year you file the return without fail.Any changes took place.

  17. Pugazhenthi says:

    Hi,

    For the rule “Can an individual who is getting income under the head “salaries” from more than one employer take benefit of the notification?”
    Lets say if the employee worked for an employer1 for 10 months and he changed to another employer2 for 2 months in that FY 2010-2011. Will he covered under this scheme.?

  18. PRAMOD MITTAL 9460166775 says:

    GOOD SOME EMPLOYEE SAVES MONEY, PAPER AND TIME FROM ABOVE NOTIFICATIONS.

  19. sprabhakaran says:

    What abtt pensioners having total income less than 5 lacs, is it exepmt from filing return since the conditions mentioned cannot be met by pensioners……………….as the return has been filed under self assessment basis…

  20. S. SIVARAMAKRISHNAN says:

    total income meaning please.

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