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Tax Return on Income 2.5 Lakh
Is it compulsury to file income tax return if income is below 2.5 lakh?
Replies (8)
not mandatory
No need...
Although there is no need but for safer side and file reply if any kind of notice receive from IT Dept. it is recommended to file.
It is not mandatory as per the Income Tax Act, 1961. Though considering the advangates of filing return I feel one should file the return.
No need. If Your net income below limit then no more requirements for filing ITR...
In case you have any TDS or Notice from ITD then You can File. Otherwise no need...
There is no need to file the ITR if your slab is below to the tax slab..
if Gross Total income(before claiming Chapter VIA deduction and section 10(38)) is below 250000 then no need to file return.
if Gross Total income(before claiming Chapter VIA deduction and section 10(38)) is below 250000 then no need to file return.
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