AGRICULTURAL INCOME

Hi Sir,

If u are having only exempt incomes, the return will show gross total income as zero only...

U can file NIL RETURN with department.. It has to be accepted by them.

File the acknowledgement as it is generated.. Keep copy of the excel with u....

Also note that u are not required to file ur return under sec 139 of the Income Tax Act... U r doing a voluntary exercise.... cos u can always maintain source to show dept, if required one day...

Dear Sir.....

Agree with Ordinarily resident Evil..........

Agricultural Income is exempt from tax u/s 10(1)...........

Since u have only Agri. income - Gross total income will be zero only...

You can always file NIL RETURN with department...........