07-13-2011, 02:15 PM
<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 /><b>In Budget 11-12 </b>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">
its in budget 2011-12
that wealth statement is required for income of or above 1M
however for tax year 2010-2011
we are to file wealth statement and online return for income of and above .5M
hope so i'm right to say so
Regards
<br /><b>In Budget 11-12 </b>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">
its in budget 2011-12
that wealth statement is required for income of or above 1M
however for tax year 2010-2011
we are to file wealth statement and online return for income of and above .5M
hope so i'm right to say so
Regards
