Hello,
Need to file nil itr?
Anshul (Article) (47 Points)
25 July 2014Anshul (Article) (47 Points)
25 July 2014Hello,
Mihir
(Wealth Manager)
(5293 Points)
Replied 26 July 2014
You may continue to file ITR even if there is no income.
Anshul
(Article)
(47 Points)
Replied 26 July 2014
Originally posted by : Mihir | ||
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You may continue to file ITR even if there is no income. | ![]() |
Thanks for your reply Mr Mihir.. I think I was not clear in what i wanted to ask and have thus modified my Question.
Is it necessary for me to file ITR this year? If I dont want to, is it ok?
Thanks. :)
CS Abhijeet soni Advocate
(CS LLB MCOM MBA (FINANCE) MPHIL CA INTER PGDCA PGDA&PR )
(931 Points)
Replied 27 July 2014
accourding to my experiance you should file the Nil itr show some income from other app. 120000/-
thanx
NILA REJESH P
(Chartered Accountant)
(815 Points)
Replied 27 July 2014
Refer Section 139 of IT Act 1961. You need not file return if you have no taxable income.
NILA REJESH P
(Chartered Accountant)
(815 Points)
Replied 27 July 2014
But, if TDS refund is due, you may file return to claim refund.
Puneet Mittal
(Sr. Officer Accounts)
(196 Points)
Replied 09 February 2015
it is not necessary to file ITR, if you have no Income.
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