Income tax return
This query is : Resolved
19 July 2019
One person agricultural income 4 lacs and other source of income 150000 received . Income tax return filed compulsory for 2018.2019 financial year.
20 July 2019
Not necessary, if you have tds refund for other sources you need to file,
Message likes :
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20 July 2019
IF YOUR INCOME EXCEED THE BASIC LIMIT THEN YOU NEED TO FILE RETURN OF INCOME i.e Rs.2.5Lakhs.
as per given your fact:
you have only taxable income Rs.150000 only, not exceeding Rs.250000 then not required and agriculture income is exempt as per section 10(1).
as per given your fact:
you have only taxable income Rs.150000 only, not exceeding Rs.250000 then not required and agriculture income is exempt as per section 10(1).
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