I worked in TCS before going for my MBA. I finished my MBA this year, June 2015. How should I file my ITR for FY2014-15 as I was studying at that time and had no income? I used to file the returns earlier when I was working in TCS. Please advise.
24 August 2015
Hi Ashish. If your income for the year 2014-15 is less than Rs.2.5 lacs then you are not required to file the IT return.
But if you have been filing the returns earlier then it is recommended to file the IT return even if your income is less than 2.5 Lacs in that year. You can also file a NIL return if you do not have any Income in that year.
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