14 July 2009
Can a person having below limit income file a return?I think its allowed.but whenever i take such returns to Income Tax Dept they are not accepting it,saying this is below limit.What should I do?
14 July 2009
Individuals or HUF or an AOP or BOI or Artificial Jurdicial person is mandatorily liable to file the return of income u/s 139(1) if the total income without giving effect to the provisions of sections 10A or 10AA or 10B or 10BA or chapter VI-A exceeds the maximum amount not chargable to income tax. In view of the provision explained herein above the department's stand in the cited issue is correct.