Filing return

This query is : Resolved 

05 January 2014 Am I necessary to file income tax return if I am having only interest income above basic income liable to pay tax i. e 2 lacs?

05 January 2014 yes it is required. as long as the income is above taxable limit, you need to file the return.

05 January 2014 yes ,As per section 139 any assesse who is having income more than basic exemption limit before deducting chapter VIA deductions mandatorily required to file return of income

06 January 2014 since income exceeds the basic slab you need to file return of income.


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