Return filing
This query is : Resolved
27 February 2014
is it mandatory to file income tax return for all i.e. whose income is below the exemption limit? if yes, then why so?
27 February 2014
No if an assessee(individual) whose taxable income is below exemption limit, is not mandatory to file return.
But all other assessee (other than indi.) must hv to file the return, coz there is no exemption limit 4 them.
But all other assessee (other than indi.) must hv to file the return, coz there is no exemption limit 4 them.
27 February 2014
no it is not mandatory for all of them to file whose income is below the max amount chargeable to tax.
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