Exempt income

Page no : 2

RAMAKRISHNAN R (INCOME TAX OFFICER) (1736 Points)
Replied 16 March 2019

if one hasn't have taxable income then there's no necessity to file ITR but still it's always good to file ITR declaring agricultural income as exempt income so that the same will come in handy if he purchases any property out of accumulated agricultural income

2 Like

PRABHAT KUMAR (142 Points)
Replied 16 March 2019

thankyou Ramakrishnan R. thankyou everyone

RAMAKRISHNAN R (INCOME TAX OFFICER) (1736 Points)
Replied 16 March 2019

welcome Mr prabhat

1 Like

Akhilesh (student) (308 Points)
Replied 16 March 2019

For only exempt income, ROI is not mandatory, but evidence of income generated from the sources should be available.

2 Like

Akhilesh (student) (308 Points)
Replied 16 March 2019

For only exempt income, ROI is not mandatory, but evidence of income generated from the sources should be available.

Akhilesh (student) (308 Points)
Replied 16 March 2019

For only exempt income, ROI is not mandatory, but evidence of income generated from the sources should be available.

3 Like

PRABHAT KUMAR (142 Points)
Replied 16 March 2019

true.

venkata krishna reddy (chartered accountant) (792 Points)
Replied 18 March 2019

Originally posted by : RAMAKRISHNAN R
	if one hasn't have taxable income then there's no necessity to file ITR but still it's always good to file ITR declaring agricultural income as exempt income so that the same will come in handy if he purchases any property out of accumulated agricultural income