Income tax return

Kuttan (--) (24 Points)

28 February 2015  

Hi,

I am running a start up (sole proprietorship) . Last finance year I have 8 lac turn over and taxable income. So i paid correct income tax. But this finance year i have less han 5lac as turn over ,and don't have any taxable income. So Is it mandatory to submit income tax return in this year ?