Income Tax Return

Deepanshu Garg (Student) (273 Points)

28 April 2020  
I am a businessman. I have just started my business this year. I earned an income of around Rs. 2,30,000. I have no other income. But I am registered under GST and has been regularly filing GST returns. My query is do I have to mandatorily file income tax return as I am a businessman ? My total income is lower than exemption limit of Rs. 2,50,000.