It return for senior citizen

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 July 2012 Retired female aged 73 years

Income from pension, bank and FD interest only.....not exceeding 5 lakhs.

Has been routinely filing IT retuns until AY 2011-2012.

Has paid self assessment tax for AY 12-13.

Does she need to file income tax returns for AY 2012-2013?

Mohit Naithani

Mohit Naithani (Expert)
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27 July 2012 She need to file return if Income from Interest on FD + Saving bank A/c is Exceeding Rs 10000/-.

Message likes : 1 times

C.A Anshul Singhal

C.A Anshul Singhal (Expert)
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27 July 2012 she should not need to fill itr if tds on interest on fdr are already deducted by bank.& total income below rs 5 lacs.

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CS, Deepak Pratap Singh

CS, Deepak Pratap Singh (Expert)
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27 July 2012 Dear Friend, she need to file ITR in case of Income from interest exceeding Rs. 10000/- in case of any claim of refund. Thanks

Mohit Naithani

Mohit Naithani (Expert)
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27 July 2012 She need to file ITR even TDS is deduct or not on total interest when exceeding Rs 10000/- u/s 139..

Taxguy

Taxguy (Expert)
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12 August 2012 Income below Rs.500000/-, no need to file income tax return. File it only if you want to claim refund due to TDS if any.
Else no need to file as per ITD circular.