I am a senior citizen didn't file ITR due to exemption from filing ITR.
Is there any changes in law off late and do I have to file ITR though my total income is below threshold limit of 3 lacs per annum?
Kindly guide. TIA
Replies (3)
Quick Summary
This discussion addresses whether senior citizens who are exempt from filing Income Tax Returns (ITR) due to their income being below the threshold (e.g., £3 lakh) need to worry about recent law changes. The consensus is that current exemptions largely remain, with changes primarily affecting slab rates. Therefore, senior citizens earning below the threshold are generally still not required to file an ITR, though other parameters might apply.
Not really................. as far as concerned about the exemptions from filling itr............ changes only in the slab rates .........so nothing worried to the senior citizens for not filling itr up to 3 lakh......