Is it all correct to not to file ITR by an individual if the taxable income in a financial year for that individual is below Rs. 5 lakhs? Some years back income tax department made such provision. Is that provision active still now?
Is it all correct to not to file ITR by an individual if the taxable income in a financial year for that individual is below Rs. 5 lakhs? Some years back income tax department made such provision. Is that provision active still now?