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It return is compulsory or not

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14 May 2016 One of our employee is a share holder of the company .his income from salary is below 2,50,000 and not dividend is declared for the last financial year. In this case whether IT Return submitting is compulsory or not
Please advise

14 May 2016 Submitting is NOT compulsory.

15 May 2016 yes, It is not compulsory but it is better to file it.
Following article helpful to understand the importance...
https://www.caclubindia.com/articles/why-we-should-file-the-return-if-salary-is-less-than-5-lakh-12996.asp

Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615

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