Income below the Minimum Slab, is Filing IT Returns Compulso

Arbitrager



Hi,


My Wife is taking some part time Classes for School students and her annual income is less tan 1,60,000. Is Filing IT Returns compulsory for her?

Thanking you for your  Response.

Thanks & Regards,
Harshit

 
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CA



Filing IT return is not complusory for her. But it recommended to file the return as it will help if in future some loan is to be taken.


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Audits & Taxation



It is not necessary but it is desirable to file the return of income even if it is below the exemption limit.


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Chartered Accountant



its not compulsary.....and if you file the return...the assessing officer wont accept the return.

Any ITR in which income is below the exemption limit is not accepted by any ward !!


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Mcom



Hello

yes it is not compusory to file return  when income even if it is below the exemption limit.

but Apoorv it is not the case that assessing officer will not accept the Return.

we can file return even if our income is below exemption limit.......


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Chartered Accountant



@ durgesh....i am from delhi and here AO's of all the wards dont accept any ITR in which income is below exemption limit. They say this nil return are useless for us !!


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Manager (Advance)



@ Apoorv: No, AO can't deny. May be in Delhi, due to burden of ITRs, he is saying so !!


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Mcom



Yes Apoorv..... Obovious we can file every return irrrespective of income...

and if in delhi.... AO's are not accepting then you can complaint for that otherwise go for e-filling....

but remember we can file return u/s 139(1) 


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article



Hi harshit,

mr. apoorv is correct.

AO can deny to accept the return in which gross total income is below the slab as circular is also issued by the IT department in May 2010 regarding this.


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Mcom



let us know cpoy of circular.....?


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