In India, which has a population of around 1000 million, the number of Income Tax payers is only around 20 million, which is just 2% of the population. Obviously, the percentage should be much higher. The identification of persons with taxable income who have not been paying their taxes is an ongoing job for the Income Tax department. This was being done mainly through surveys conducted by the department, collection of data from various sources relating to the different areas of economic activities etc. In order to give a big push to the tax widening efforts, a new scheme popularly known as the 'One-by-Six Scheme' was introduced from the financial year 1998-99. Do you have a mobile phone (pre paid or post paid) on your name? Do you have a Credit Card on your name? Do you occupy an Immovable Property exceeding the specified a floor area either by way of ownership, tenancy or otherwise. ? Do you have a membership of a club which has membership fees more than Rs.25,000/-? Do you have a Vehicle on your name (not a two wheeler)? Did you Travel Abroad or Sponsored somebody for a foreign trip in the last year?   If the answer to any of the six questions mentioned above is YES, then YOU must file your Income returns (Form 2C) else YOU will be liable for a penalty upto Rs. 5000/- as, the Income Tax Department has started issuing notices to citizens coming under the One-By-Six Scheme (as per the Provison to Section 139(1) in the Income Tax Act 1961). Citizens who have income below the taxable limit OR citizens who have no income at all, but come under the One-By-Six scheme must file their Income Returns using the 'FORM 2C'. Exemptions The following persons are exempted from the One by Six Scheme. Persons who are already assessed to tax and are filing regular returns of income. Non residents Individuals who have attained 65 years of age and are not engaged in any business or profession during the previous year are exempt from filing the return even if they are in occupation of immovable property and/or have subscribed to a telephone or cellphone. However if they fulfill any of the other conditions, they will be covered by the Scheme and will be required to file the return of income. Persons travelling to Saudi Arabia on Haj Pilgrimage organised by the Central Haj Committee, Mumbai or travel to China on pilgrimage to Kailash Mansarovar organised by the Ministry of External Affairs, Govt. of India. Travel to the neighboring countries of Bangladesh, Bhutan, Maldives, Nepal, Pakistan and Sri Lanka. TOP FileMyReturns.com will help you in filing your returns conveniently. We shall collect the forms/documents from your doorstep; submit the same to Income-Tax authorities after due checking the particulars filled in the form, and deliver the acknowledgement back to your doorstep. APPLY FOR PAN NOW. Specified floor area of the immovable property for urban agglomeration of Important Cities Name of the City Residential ( in Sq.Ft. ) Commercial (in Sq.Ft.) Mumbai 600 100 Delhi (including Gurgaon, Faridabad, Ghaziabad and Noida) 600 100 Chennai 1000 125 Calcutta 1000 125 Bangalore 800 125 Hyderabad 1100 125 Kalyan 1100 175 Nagpur 1100 125 Thane 1100 175 Pune 800 125 Jaipur 1100 125 Kanpur 1100 175 Ahmedabad 800 125 Ludhiana 800 125 Chandigarh 1100 125 Surat 1100 125 Vadodara 1100 175 Kochi 1100 125 Kozhikode 1100 175 Trivandrum 1100 175 Coimbatore 1100 125 Madurai 1100 175 Bhopal 1100 175 Indore 1100 125 Jabalpur 1100 175 Vijayawada 1100 175 Visakhapatnam 1100 175 Agra 1100 175 Meerut 1100 175 Allahabad 1100 175 Lucknow 1100 175 Varanasi 1100 175 Dhanbad 1100 175 Patna 1100 175 Jamshedpur 1100 175 TOP