IT returns for fresh job holders
This query is : Resolved
24 July 2026
Hello Sir/Ma'am
Good Morning
It's very nice to see how this forum helps us to understand various sectors and services.
My daughter has been associated with a small firm for the last one year.
Her salary package is anyhow not in income tax net ie., not taxable.
Her employer also not deducted any TDS during last FY ie., 2025-26.
But, a small portion of FD interest is reflected in AIS / TIS as 'Income from other sources'
The 26AS is completely blank ie., with No figures.
Now, please advise me whether she needs to file ITR (1) (even a NIL return) in this scenario.
She hasn't filed any IT returns so far.
Thanks and look forward to hear from you.
Good Morning
It's very nice to see how this forum helps us to understand various sectors and services.
My daughter has been associated with a small firm for the last one year.
Her salary package is anyhow not in income tax net ie., not taxable.
Her employer also not deducted any TDS during last FY ie., 2025-26.
But, a small portion of FD interest is reflected in AIS / TIS as 'Income from other sources'
The 26AS is completely blank ie., with No figures.
Now, please advise me whether she needs to file ITR (1) (even a NIL return) in this scenario.
She hasn't filed any IT returns so far.
Thanks and look forward to hear from you.
24 July 2026
Filing Requirement: Not legally mandatory if total income (salary plus FD interest) stays below the basic exemption limit and none of the specific mandatory filing triggers apply. However, filing a voluntary return is advisable to reconcile AIS/TIS records.
Recommended Form: ITR-1 (Sahaj).
Recommended Form: ITR-1 (Sahaj).
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Rental income of jointly held property
- ITR-3 File/Error Found
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
