As per Notification No. 47/2019 Center tax, the Taxpayer whose turnover is below 2 Crore are not mandatorily require file Annual Return for F.Y 2017-18 & F.Y 2018-19. So, it's optional for turnover up to 2 crores for this first 2 Years.
For F.Y 2019-20 till date there is no notification of such Exemption to any person..So, as on date For F.Y 2019-20, it's mandatory for all.
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