{"id":1903,"date":"2012-07-21T03:43:02","date_gmt":"2012-07-21T03:43:02","guid":{"rendered":"http:\/\/www.itatonline.org\/info\/?p=1903"},"modified":"2012-07-21T03:50:23","modified_gmt":"2012-07-21T03:50:23","slug":"exemption-to-salaried-employees-from-filing-roi-for-ay-2012-13","status":"publish","type":"post","link":"https:\/\/itatonline.org\/info\/exemption-to-salaried-employees-from-filing-roi-for-ay-2012-13\/","title":{"rendered":"Exemption To Salaried Employees From Filing ROI For AY 2012-13"},"content":{"rendered":"<p><strong>Press Release dated 20.07.2012 issued by the Ministry of Finance<\/strong><\/p>\n<p><strong>Exemption of Salaried Employees from Requirement of Filing of Returns for Assessment Year 2012-13<\/strong><\/p>\n<p>Central Board of Direct Taxes (CBDT) vide its <a href=\"https:\/\/www.itatonline.org\/info\/index.php\/salaried-assessees-exempt-from-roi-for-ay-2012-13\/\">Notification No. 9\/2012 dated 17th February, 2012<\/a> has exempted salaried employees from the requirement of filing the returns for assessment year 2012-13. The exemption is applicable only if all the following conditions are fulfilled:- <\/p>\n<p>\u2022 Employee has earned only salary income and income from savings bank account and the annual interest earned from savings bank account is less than Rs. 10 thousand. <\/p>\n<p>\u2022 The total Income of the employee does not exceed Rs. 5 Lakh (Total Income means Gross Total Income Less deductions under Chapter VIA). <\/p>\n<p>\u2022 The Employee has reported his PAN to the employer. <\/p>\n<p>\u2022 Employee has reported his income from interest on savings bank account to employer. <\/p>\n<p>\u2022 Employee has received Form 16 from his employer. <\/p>\n<p>\u2022 Total Tax Liability of employee has been paid off by employer by way of TDS and employer has deposited TDS with central government. <\/p>\n<p>\u2022 Employee has no refund claim. <\/p>\n<p>\u2022 Employee has received salary only from one employer. <\/p>\n<p>\u2022 Employee has not received any Notice from Income Tax Department for filing of Income Tax return. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Press Release dated 20.07.2012 issued by the Ministry of Finance: Exemption of Salaried Employees from Requirement of Filing of Returns for Assessment Year 2012-13<\/p>\n<div class=\"read-more\"><a href=\"https:\/\/itatonline.org\/info\/exemption-to-salaried-employees-from-filing-roi-for-ay-2012-13\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,7],"tags":[],"class_list":["post-1903","post","type-post","status-publish","format-standard","hentry","category-all-information","category-others"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/posts\/1903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/comments?post=1903"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/posts\/1903\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/media?parent=1903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/categories?post=1903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/tags?post=1903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}