Mandatory to file itr income having below 5 lacs (f.y.13-14)

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 July 2014
Dear All,

Please guide me whether it is mandatory to file income tax return for F.Y.2013-14.

I am salaried person having salary approx.4.5 lac in the f.y.2013-14.

What are the disadvantage of not filing income tax return.

CA Vivekanand Pote

CA Vivekanand Pote (Expert)
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11 July 2014 It is mandatory to file the return.

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CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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11 July 2014 it was allowed only for a particular FY only so now its mandatiry if ur total income without dedcution or exemption exceeds the basic exemption slab.

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