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Taxation

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 March 2013 sir/madam

my salary is rs. 15000 p.m. so i don't need to pay tax and file a return but i want a home loan and bank told me atleast you must posses 3 yrs. return then only loan will be sanctioned. now i want to file a nil return wheather i can do it or not ? if yes then what is the procedure ?


THANKS & REGARDS..
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
20 August 2013 yes you can file nil tax return and since the salary is below Rs. 2 lakh. tax will not apply

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