Hi all
Pls assist me. I was working in a bank and my income was taxable and hence filled return till FY 2015-16. After that i left job and stopped working.I have not filled return for
FY 2016-17,
2017-18,
2018-19
2019-20.
But from FY 2019-20 I have started Coaching but my income before deduction U/s 80 is below exemption limit.
1)So is it necessary or mandatory to file return from 2019-20 as income flow is there.
2)For some personal loan approaced to bank they have asked to provide 2 yrs last returns.So for this purpose how many last FY returns i can file now without penalty.
Thaks in advance
CAclubindia
