Return for below the taxable limt.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 July 2012
Sir, one of my client is receipt of Salary of Rs.179000/ and rental income of Rs.65000/-, he has paid lic for Rs.25000/ and tution fee for his son Rs.100000/- hence there is no tax ability, is it necessary to the return. he is having the PAN
CA PARAS BAFNA
(Expert)
15 July 2012
Yes it is necessary to file a return for him.
As his Gross Total Income exceeds the taxable limits , he can claim the deductions and file a NIL Return.
.
As his Gross Total Income exceeds the taxable limits , he can claim the deductions and file a NIL Return.
.
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