Is there any income limit to file for incometax for the fin.year 2017-18?
MURALIDOSS (INCOME TAX PRACTITIONER) (1325 Points)
19 April 2018Is there any income limit to file for incometax for the fin.year 2017-18?
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 19 April 2018
BASIC EXEMPTION LIMIT RS 2,50,000
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2015 Points)
Replied 19 April 2018
There is no limit regarding income to file ITR.
Rahul Prajapati
(Student)
(2282 Points)
Replied 19 April 2018
BEFORE 2,50,000 OF GTI FILING OF INCOME TAX RETURN IS NOT MANDATORY.
BUT AFTER 2,50,000 OG GTI FILING OF INCOME TAX RETURN IS MANDATORY.
Susmita Dutta, CA , CPA
(CA )
(2141 Points)
Replied 19 April 2018
No tax for individuals with income less than Rs. 2,50,000 for the F.Y 2017-18.
Susmita Dutta, CA , CPA
(CA )
(2141 Points)
Replied 19 April 2018
No tax for individuals with income less than Rs. 2,50,000 for the F.Y 2017-18.
RAJA P M
("Do the Right Thing...!!!")
(128068 Points)
Replied 19 April 2018
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)