income tax query

This query is : Resolved

Subodh Niraula (Querist)
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12 June 2009 do a senior citizen whoes source of income is pension and interest need to fill and file ITR1 even if his total income is below 225000.

can he be free without filing ITR1 as his income is below the limit.

or do he need to file nill return.

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Vipul J. Bhavsar

Vipul J. Bhavsar (Expert)
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12 June 2009 No, the senior citizen whose income is below basic exemption limit need not file Return of Income.
However, if he has income from interest on deposit, the bank may pay interest after deducting tax. In such a case as the senior citizen is not required to pay any tax he will have to submit Return of income in order to claim refund of the TDS made.