Filing of Individual return
This query is : Resolved
23 October 2007
Sir,
My client is Doctor and he file his return regaurlary with payment of nominal amount of tax around Rs.200-500. Duuring the Financial year 2006-07 his Income below taxable. On that basis he would not like to file return in future.
pls advise me what will do for stop filing of return in future.
Regards,
Baljinder Singh
My client is Doctor and he file his return regaurlary with payment of nominal amount of tax around Rs.200-500. Duuring the Financial year 2006-07 his Income below taxable. On that basis he would not like to file return in future.
pls advise me what will do for stop filing of return in future.
Regards,
Baljinder Singh
23 October 2007
As long as your client is in the Index of the Income Tax Department, he should file return. If he prefers not to file return in future, let him give a declaration to the department that his income would not exceed the minimum taxable slab and that his file shall be closed by the department.
Unless he does this, how the department can infer whether he has taxable income or not ?
Unless he does this, how the department can infer whether he has taxable income or not ?
23 October 2007
Hello Mr Singh,
Even if u have some income but below the Tax limits you need to file the returns.
and this client of yours have been paying tax and filing returns has to file the tax returns compulsoryily to avoid any issues with hte department
Even if u have some income but below the Tax limits you need to file the returns.
and this client of yours have been paying tax and filing returns has to file the tax returns compulsoryily to avoid any issues with hte department
23 October 2007
Sir,
Can we file declaration on plain paper or stamp paper (if yes, how much amount) or there is any specific format prescribed by the Income Tax department.
Pls advise me.
Can we file declaration on plain paper or stamp paper (if yes, how much amount) or there is any specific format prescribed by the Income Tax department.
Pls advise me.
23 October 2007
Can we file declaration on plain paper or stamp paper (if yes, how much amount) or there is any specific format prescribed by the Income Tax department.
Pls advise me.
Pls advise me.
23 October 2007
There is no provision of stopping filing of return until the assessee is live or the income of the assessee has not become Zero for life.
23 October 2007
Sir,
I accept what u say, Mr Maheshwari, but the case here is not of zero income but the income below taxable limits
I accept what u say, Mr Maheshwari, but the case here is not of zero income but the income below taxable limits
17 November 2007
1
17 November 2007
Hi Mr. Shah legally it is not required to file neither any return nor any declaration because every AY is seprate & for practical purpose if u expect that in near future there will be taxable income than to avoid practicle dificulties you should file the return
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