Taxation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 March 2013
sir/madam
my salary is rs. 15000 p.m. so i don't need to pay tax and file a return but i want a home loan and bank told me atleast you must posses 3 yrs. return then only loan will be sanctioned. now i want to file a nil return wheather i can do it or not ? if yes then what is the procedure ?
THANKS & REGARDS..
my salary is rs. 15000 p.m. so i don't need to pay tax and file a return but i want a home loan and bank told me atleast you must posses 3 yrs. return then only loan will be sanctioned. now i want to file a nil return wheather i can do it or not ? if yes then what is the procedure ?
THANKS & REGARDS..
CMA Ramesh Krishnan
(Expert)
20 August 2013
yes you can file nil tax return and since the salary is below Rs. 2 lakh. tax will not apply
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