07-10-2011, 05:36 AM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by olympia</i>
<br />In Budget 11-12 income threshold for the requirement of filing of wealth statement has been increased from rupees 500,000 to rupees 1,000,000. Employee whose income is Rs 500,000 for the year 2011 are required to upload their income tax return or not?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">Employee whose income is Rs 500,000 or more for the tax year 2011 required to upload their income tax return and also for tax tax 2012 whose income is below 1 million and more than 0.5 million is required to upload the return of income without wealth statement.
<br />In Budget 11-12 income threshold for the requirement of filing of wealth statement has been increased from rupees 500,000 to rupees 1,000,000. Employee whose income is Rs 500,000 for the year 2011 are required to upload their income tax return or not?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">Employee whose income is Rs 500,000 or more for the tax year 2011 required to upload their income tax return and also for tax tax 2012 whose income is below 1 million and more than 0.5 million is required to upload the return of income without wealth statement.
