Hi, Can an assessee write to ITO, informing him of his income tax calculation and if there is no tax, can the same be treated as a kind of filing information.
IT normally despatches penalty notice for non filing of tax returns, even though the income exemption limits are raised in a year by the Govt. Instead of getting the notice and then writing to them about the income details, will it not be better if one pre inform the calculation sheet by giving details of ones actual income , if the amount is less than taxable income?
Should one need to file itr sahaj, if his gross taxable income does not exceed the limit for the assessment year 2015-16?
CAclubindia
