External Commecial Borrowing ECB for Aviation Sector for Working Capital Allowed

Budget 2012: ECB Allowed for Aviation Sector for Working Capital in view of difficulties faced by aviation industry


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  1. that as per new CBDT rules,a salaried emoepyle whose total income is less than rs.5 lakh, need not submit his IT return. But then,1. How will the tax payable be determined ?2. If it is determined on the basis of TDS , won’t the tax amount be lesser as the TDS rates are less ?

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