Itr filling
This query is : Resolved
18 February 2013
ITR filling is mandatory for individual whose income below the taxable limit.
Also tell me the Positive points of nil income (below taxable limit) filling.
Also tell me the Positive points of nil income (below taxable limit) filling.
18 February 2013
Dear Deewan,
No, it is not mandatory for persons with income less than the taxable limit to file annual income-tax returns.
benefits of filing nil tax return is that it helps you in applying for loans etc as it shows that you were earning a certain income .
No, it is not mandatory for persons with income less than the taxable limit to file annual income-tax returns.
benefits of filing nil tax return is that it helps you in applying for loans etc as it shows that you were earning a certain income .
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