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Sanchitt (Querist)

13 September 2016 my income is more then 250000 but after deduction the amount of tax is nil . still i need to file return.

CA ALOK KUMAR

CA ALOK KUMAR (Expert)

13 September 2016 Yes. Income tax return filing is mandatory, if Gross Total Income exceeds the threshold limit (which is Rs. 2,50,000 presently). Gross total income arrives after adding income from all sources like salary, rental, interest, business, capital gain... But before deductions under chapter VIA.
For further clarification, you may write us to info@wealth4india.com or may submit @ www.wealth4india.com. Thanks

ACA Anurag

ACA Anurag (Expert)

14 September 2016 Dear sanchitt, Yes u have to file your return

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Sanchitt

Sanchitt (Querist)

14 September 2016 but I have filed form 16 still ITR is compulsory?

CA ALOK KUMAR

CA ALOK KUMAR (Expert)

14 September 2016 Form 16 is a certificate, which contain information regarding salary, exemption, deduction, tax liability & tax paid. So, it would provide sufficient information to file your ITR - If you have only salary income - Thanks

Sanchitt

Sanchitt (Querist)

14 September 2016 yes I have only salary income . and I want hand copy of form 16 that I filed then from where I will got it

CA ALOK KUMAR

CA ALOK KUMAR (Expert)

14 September 2016 You can get Form 16 from your employer & after that you may file your ITR online with Income Tax Department. You may speak to us to get it filed. thanks

Sanchitt

Sanchitt (Querist)

14 September 2016 if employer refused to give then there is no option ?

CA ALOK KUMAR

CA ALOK KUMAR (Expert)

14 September 2016 You can get required information from 26AS statement or monthly salary slips for the relevant financial year...

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