Income tax return

Save Share

This query is : Open

ASHISH (Querist)

22 March 2018 E FILING of return is mandatory for income above RS.500000
is this income after giving effect to section 80C deductions or before it
OR is it income after giving effect to deductions and basic exemption limit for an individual

Ca Rahul Mimani

Ca Rahul Mimani (Expert)

22 March 2018 139. (1) Every person,—

(a) being a company or a firm; or

(b) being a person other than a company or a firm, if his total income or the total income of any other person in respect of which he is assessable under this Act during the previous year exceeded the maximum amount which is not chargeable to income-tax,

ASHISH

ASHISH (Querist)

22 March 2018 Sir i wanted to ask if total income
after deduction U/S 80C less than 500000
is E FILING MANDATORY OR CAN ITR BE FILED manually

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)

22 March 2018 Gross total income as reduced by 80C < Rs.5,00,000/- can file ITR manually.

RAJA P M

RAJA P M (Expert)

22 March 2018 No... If gross income exceeds above 5lakhs then e-filling required... Note : In ITD office they can't receive manual filings. I don't know reasons. But, The ASK staffs not receive the manual ITR....

ASHISH

ASHISH (Querist)

28 March 2018 CAN YOU PLEASE CLARIFY THEY DONT RECEIVE MANUAL FILINGS IN ITD OFFICE ABOVE 5 LAKHS OR BELOW ALSO

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now