https://www.taxtmi.com/news?id=1936 Exemption from filing income-tax returns is provided for salaried taxpayers with total income up to Rs.5,00,000 who receive salary from a single employer and have only savings-bank interest up to Rs.10,000; they must report PAN and bank interest to the employer, have tax deducted at source on the entire income, and obtain Form No.16. The scheme excludes those with multiple employers, other income sources, refund claims, or who have been issued notices under section 142(1), 148, 153A or 153C of the Income-tax Act, 1961. en-us Thu, 23 Jun 2011 18:14:54 +0530 Thu, 23 Jun 2011 18:14:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1936 Exemption from filing income-tax returns is provided for salaried taxpayers with total income up to Rs.5,00,000 who receive salary from a single employer and have only savings-bank interest up to Rs.10,000; they must report PAN and bank interest to the employer, have tax deducted at source on the entire income, and obtain Form No.16. The scheme excludes those with multiple employers, other income sources, refund claims, or who have been issued notices under section 142(1), 148, 153A or 153C of the Income-tax Act, 1961. News - Thu, 23 Jun 2011 18:14:54 +0530 https://www.taxtmi.com/news?id=1936