Itr compulsory
This query is : Resolved
05 July 2013
Suppose Mr.x has taxable salary( no other income) & his TDS has been deducted but he fails to file ITR, whether any problem will arise as he is not filing ITR.? whether ITO leavy penalty of Rs.5000/- on him
05 July 2013
It is not mandatory to file ITR if taxable income from salary is less than 5 lakhs
06 July 2013
There is no need to file return.
But if he wanted to take Loan or wanted TDS Refund then he must return
But if he wanted to take Loan or wanted TDS Refund then he must return
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