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Salaried with total income upto Rs. 5 lakh also to File IT return for A.Y. 2013-14

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CBDt has vide its press release dated 22.07.2013 clarified that exemption from filing return of income for salaried employees having total income upto Rs. 5 lakhs including income from other sources upto Rs. 10,000/- was only for assessment year 2011-12 and 2012-13 respectively.  The exemption was given considering ‘paper filing of returns’ and their ‘processing through manual entry’ on system.            

However, this year the facility for online filing of returns has been made user-friendly with the advantage of pre-filled return forms. These E-filed forms also get electronically processed at the central processing centre in a speedy manner. Hence, the exemption provided during the last two years is not being extended for assessment year 2013-14.

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0 Comments
  1. Dear Sir
    kiya me f/y 2011-12 ka return (salary class) file kar sakta hu kuki me tds salary per kata he me return file nahi kar saka koi penalty to nahi lagegi

    pl. sir repley me

  2. Q1] Pensioners having total income below Rs.5 lacs need to file return for AY2013-14?
    Q2] If needed,shall e-filing suffices or paper filing is must?
    Q3] Does the word “salaried” in the order include assessees` income from pension?

  3. CBDT says e-filed forms get processed quickly. however returns and refunds of last year (AY 12-13) are still pending in case of many assesses. Will CBDT concentrate on providing better facilities to existing filers before wooing new filers.

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