Priya (Ca Final) (188 Points)
25 June 2013Helloo frnd
I want to file return for loan purpose but in such case salary getting in cash and approx yearly income goes to Rs 150000/-. And employer not giving Form 16.Can i file return wchich is total income in cash ????
Plz give me suggestion......
Mihir
(Wealth Manager)
(5293 Points)
Replied 25 June 2013
Even if the income is in cash or below taxable limit of Rs. 200,000/-, it is advisable to file IT returns. Yes, you can file your IT returns. You will also need a salary slip from your employer for the purpose of filling the documents required for a loan.
CAclubindia
