Dear Readers,
I have made a new post on the blog which outlines and clarifies how the 5Lac clause can be best applied while calculating the tax for filing returns. You can read the post at www.just-paisa.com or directly at http://www.just-paisa.com/2011/11/no-tax-if-salary-less-than-5lac.html
As always I look forward to your feedback.
Regards
Ashok Tamhankar
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Editor – Just Paisa