Filing of itr
This query is : Resolved
24 August 2015
Hi
I worked in TCS before going for my MBA. I finished my MBA this year, June 2015. How should I file my ITR for FY2014-15 as I was studying at that time and had no income? I used to file the returns earlier when I was working in TCS. Please advise.
I worked in TCS before going for my MBA. I finished my MBA this year, June 2015. How should I file my ITR for FY2014-15 as I was studying at that time and had no income? I used to file the returns earlier when I was working in TCS. Please advise.
24 August 2015
Hi Ashish.
If your income for the year 2014-15 is less than Rs.2.5 lacs then you are not required to file the IT return.
But if you have been filing the returns earlier then it is recommended to file the IT return even if your income is less than 2.5 Lacs in that year. You can also file a NIL return if you do not have any Income in that year.
If your income for the year 2014-15 is less than Rs.2.5 lacs then you are not required to file the IT return.
But if you have been filing the returns earlier then it is recommended to file the IT return even if your income is less than 2.5 Lacs in that year. You can also file a NIL return if you do not have any Income in that year.
25 August 2015
But how can I file the return? I mean which form I should fill ITR1,2 which one will be applicable for me?
25 August 2015
Go for ITR 1. Fill all the details and in Income field put 0(zero). So that will be considered as Nil return.
But I am sure u must be having a Savings account and where you mush have receive Interest to show in other Income field of the Income tax return.
But I am sure u must be having a Savings account and where you mush have receive Interest to show in other Income field of the Income tax return.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Unregistered suppliers utility
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Difference between Date of Payment and Date of Deduction?
- RATE AND HSN CODE
- TDS AND ITR ISSUE
- GST Rate for Catering Services
- FCRA 6 E- Intimation
- EMI ISSUE IN HOUSING LOAN OLD REGIME
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
