Interest income of house wife, whether she file itr 1 or not

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

06 June 2017 My cousin is housewife. She had FDR in Banks amounting Around Rs. 19,00,000/- She gets Rs. 1,81,725/- interest income in FY Year 2016-17. Whether she filed ITR-1 or not? Is it compulsory to filed ITR for Her or NOT? She never filed ITR Till Today. Please Tell me If she filed ITR-1, whether she will received any notice from IT Department. She started these FDR from Year 2006 to year by year. She has income from Home Tuitions, but she get all money in cash from her students. Please advice.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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06 June 2017 No need to file ITR as her income is below taxable limit. Eventhough she file ITR-1 then also she will not receive any notice.

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