“Phew !! Thank God (and thanks to Pranav Babu) I don’t have to file ITR this year. It is such a painful process”, Said Ajay Dixit, a 27 year old BPO Executive to his friend Kapil. “And how did you arrive at this conclusion, that you don’t need to file a return?” asked Kapil. “Aren’tContinue reading “Exemption from Income Tax Return Filing : A Mirage ?”