File it return
This query is : Resolved
25 May 2015
On what Income I have to file IT Return.
Total Income less Deduction 80C = Below Taxable Limit.
Eg.- 300000 - 100000 = 200000
Total Income less Deduction 80C = Below Taxable Limit.
Eg.- 300000 - 100000 = 200000
25 May 2015
Below taxable limit no need to file return.
25 May 2015
well actually if you read fifth proviso to section 139(1), return needs to be filed on the basis of income before giving effect to chapter VI-A deductions. So in this case return should be filed
25 May 2015
Agree with Nikhil Kaushik... U have to file return...
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