Rent received upto 1.50L
This query is : Resolved
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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.
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.
26 July 2023
Not mandatory. If total income is below exempted limit, he need not file ITR.
26 July 2023
You are welcome.
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