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Rent received upto 1.50L

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(Querist)
26 July 2023 Dear Expert,

I have a query about rent receipts. If a person receives Rs.1.50L in rent in a year, is he need to submit ITR or not? This is his only source of income.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
26 July 2023 Not mandatory. If total income is below exempted limit, he need not file ITR.
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Aryan

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Aryan (Querist)
26 July 2023 Ok Thank you so much.



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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
26 July 2023 You are welcome.

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