ITR filing

Suraj Musaddi (CA Final Student) (25 Points)

08 December 2017  
Can an individual assessee is allowed to stop filing his/her return of income any more if the assessee used to file his return on presumptive basis and was paying a income tax of only ₹200-₹300 from last 4-5 assessment year and in the Assessment year 2017-18 the assessee's tax payable is NIL & in future Assessment years also the assessee is projecting that he/she will not be having any tax payable as the assessee is curtailing his/her current business affairs.