Income tax

Neeraj Kumar Giri (Querist) 23 March 2015 This query is : Resolved
EXPERT PLEASE GIVE REPLY.
A SCHOOL TEACHER AT SIKKIM, AND MY SALARY COMES FROM HRDA, AND MY INCOME IS RS. 5 LAKHS PER YEAR. AND NO TDS HAS BEEN DEDUCTED FROM MY SALARY BUT AS PER INCOME TAX LAW MY INCOME IS ABOVE TAXABLE LIMIT.
SO, SHOULD I GIVE MY RETURN PAYING SELF ASSESSMENT TAX OR INCOME EARNED IN SIKKIM IS EXEMPT UNDER SPECIAL ECONOMIC ZONE.
PLEASE TELL ME AS SOON AS POSSIBLE, I BELONGS FROM BIHAR AND POSTED AT SIKKIM AND LAST DATE IS NEAR FOR FILLING OF INCOME TAX RETURN. PLEASE TELL ME UNDER WHICH SECTION ECONOMIC ZONE IS EXEMPT.
HURRY UP. THANKS IN ADVANCE.

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Devajyoti Barman (Expert) 24 March 2015
please meet a local taxation professional.

malipeddi jaggarao (Expert) 24 March 2015
Regarding status of Sikkim for exemption under Special Economic Zone, you should contact a local tax consultant. Otherwise, you are required to pay the tax and file the return though TDS is not effected in your salary.

Rajendra K Goyal (Expert) 24 March 2015
Consult local tax consultant or raise query in CA Club India.

ajay sethi (Expert) 24 March 2015
raise query in CA club india

T. Kalaiselvan, Advocate (Expert) 27 March 2015
Yes, i agree with the experts that the author may either consult a local tax consultant or post this query in the CA club for detailed opinion and advise.

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