Mandatory to file itr income having below 5 lacs (f.y.13-14)

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 May 2014 Dear Sir,

Good morning!

Please guide me whether it is mandatory to file itr for F.Y. 2013-14 even if income is below 5 lacs. If yes then which itr is to be filed for salary income.

Thanks & Regards
Janki

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

20 May 2014 yes you need to file return if the income is above the exempted limit. only in case of super senior citizen, itr is not to be filed where income is below Rs 5 lakhs.

you need to file ITR1 is the tax exempted income like dividends received etc is below Rs 5 lakhs. Else file ITR2

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now