19 July 2014
my friend is doing share trading. he buys share for one to two month and then sell. and its salary income and share trading income is below 2.00 laks.
it is compulsory to file income tax return. or not ?
19 July 2014
No its not compulsory to file Income Tax Return since income is below Rs 2 lacs but its advisable to file Income Tax Return and maintain your Income Tax File properly.