Stop filling ITR
This query is : Resolved
MITHUN verma
(Querist)
20 August 2026
Sir, my annual income is below ₹2.5 lakh, and I have been unemployed for the past two years with no current source of income. I am currently managing my monthly credit card payments of around ₹35,000 with the help of my relatives and some of my old savings.
Now, I want to stop filing my ITR because, due to my ITR filing, my entire family’s ration card has been discontinued, and I have also been removed from other government schemes, even though I currently have no income.
Therefore, I would like to know whether I can stop filing my ITR permanently. Could this cause me any problems?
Now, I want to stop filing my ITR because, due to my ITR filing, my entire family’s ration card has been discontinued, and I have also been removed from other government schemes, even though I currently have no income.
Therefore, I would like to know whether I can stop filing my ITR permanently. Could this cause me any problems?
20 August 2026
Option to Stop Filing: He can safely stop filing ITR permanently as long as his total income remains below the basic exemption limit and he does not trigger any of the mandatory filing criteria under the 7th Proviso of Section 139(1).
No Penalty: There is no penalty or legal issue for not filing an ITR if the individual is not required by law to file one.
Record Keeping: Retain basic evidence showing that credit card payments were funded via family assistance and past savings.
No Penalty: There is no penalty or legal issue for not filing an ITR if the individual is not required by law to file one.
Record Keeping: Retain basic evidence showing that credit card payments were funded via family assistance and past savings.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst credit note by supplier
- Query on effect of registration of property
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Missed uploading GST Invoice
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Additional trade name
- Number of years as per AS amortisation of Goodwill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
