banner_ad

IT Return Compulsion.....

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 July 2011 Dear Sir,

I have the income of Rs 280000/- for the a.y 2011-12 out of which i have invested one lakh in LIC and 20000/- in infra bonds.i want to know that whether it is compulsory for me to fill IT return and what if a person having an income of 120000/- but he is invested one lakh in LIC and 20000/- in Infra bonds.

Please Reply soon.
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
18 July 2011 Pl see CBDT notification in https://www.caclubindia.com/forum/income-tax-notification-no-36-2011-150943.asp
and ascertain whether your case fits into the conditions mentioned therein.
Profile Image

Amol Gopal Kabra (CA,CS,DISA)

Profile Image

Amol Gopal Kabra (CA,CS,DISA) (Expert)
18 July 2011 It will depend upon which type of income you are having. In case you have only salary income and other source income less than 10000, then you need not file return. But if the case if different, then please clarify the situation, so as I can help you better.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details