Deduction while Filing ITR-1
This query is : Resolved
Quick Summary
Aakash Kumar
(Querist)
16 May 2024
Do we have to report all investments when filing ITR-1, even if there is no income tax liability after claiming deductions for investments?
Nikhil Kaushik
(Expert)
16 May 2024
how would you claim deduction if you do not add it to the 80C sheet?
Gokul Sharma
(Expert)
17 May 2024
If your annual income is more than ₹2.5 lakhs per annum, you must file Income tax* returns in our country. This limit is stretched to ₹3 lakhs for senior citizens above the age of 60.
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