Income tax return
This query is : Resolved
26 March 2016
If an individual filed return of particular year bcz his income was more than basic exemption but afterwards his income is below basic exemption then is it compulsory to file return or not for that particular year?
26 March 2016
As per fifth proviso to subsection (1) of section 139 ,an individual(or huf or AOP or BOI of AJP)is required to file return mandatorily only when their total income exceeds basic exemption limit without giving effect to provisions of section 10A or 10B or 10BA or chapter VI-A.
Otherwise not.
Otherwise not.
Message likes :
1 times
31 March 2016
not mandatory. only if your total income exceeds basic limit then its file
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Should I report my US salary for January, February, March in Schedule FA?
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
