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Filing of return

Efiling 390 views 3 replies

Hello,

This query is regarding filing of return when the assessee has earned exempt income of Rs 1500000/-. The income is very well above basic exemption limit. Whether the assessee is liable to file the return?Any case laws in this support?

Your reply will be truely appreciated

Replies (3)
just have a look on sec 139(1)..
If the assessee earned only exempt income and the total income of the assessee is less than theexexemption limit than there is no need to file his itr.
In my opinion you have to file the itr by stating the said income under exempt income.


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