It return is compulsory or not
This query is : Resolved
14 May 2016
One of our employee is a share holder of the company .his income from salary is below 2,50,000 and not dividend is declared for the last financial year. In this case whether IT Return submitting is compulsory or not
Please advise
Please advise
14 May 2016
Submitting is NOT compulsory.
15 May 2016
yes, It is not compulsory but it is better to file it.
Following article helpful to understand the importance...
https://www.caclubindia.com/articles/why-we-should-file-the-return-if-salary-is-less-than-5-lakh-12996.asp
Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
Note : If you find our reply useful. Please Score us by clicking on "THANK USER"
Following article helpful to understand the importance...
https://www.caclubindia.com/articles/why-we-should-file-the-return-if-salary-is-less-than-5-lakh-12996.asp
Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
Note : If you find our reply useful. Please Score us by clicking on "THANK USER"
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