Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Scheme for Salaried Employees: Eligibility Criteria and Definitions under Income-tax Act, 1961 and Rules, 1962</h1> In the Scheme for Filing of Returns by Salaried Employees through Employer, 2004, 'Act' refers to the Income-tax Act, 1961. An 'Eligible Employee' is defined as a resident individual in India whose total income includes salary income not exceeding INR 150,000 before deductions under section 16, excluding income from business, profession, capital gains, or agriculture, and who has no other income with tax deducted at source by anyone other than the employer. 'Form' pertains to forms under the Income-tax Rules, 1962. Undefined terms in the Scheme follow definitions in the Income-tax Act.