HOW MANY YEARS IT RETURNS FILED
This query is : Resolved
19 November 2021
SIR,
A small business it returns non fileing person purchases of site value rs:20 lacs in f.y. 20-21
Question:
1.Assess it returns filed compulsory and how many years it returns filed.
2.purchases of site value showing in it returns compulsory.
A small business it returns non fileing person purchases of site value rs:20 lacs in f.y. 20-21
Question:
1.Assess it returns filed compulsory and how many years it returns filed.
2.purchases of site value showing in it returns compulsory.
19 November 2021
1. Not compulsory, if aggregate income is below exemption limit; but better to file.
2. No. not compulsory................... Sale of site need to be declared.
2. No. not compulsory................... Sale of site need to be declared.
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