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For filling income tax return

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23 Points Posted on 13 March 2022
my date of birth is 05/07/1946 as per govt annoucement senior citizen above 75 years have opption of not filling income tax return. wheather i have to file or not income tax return.
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On 13 March 2022 at 09:45 Report
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GST Practitioner & Accounts
15093 Points Posted on 13 March 2022
Senior citizen have option not file IT return under section 194p of the I T Act .
1) Age above 75 years
2)One must be resident
3)You must have only pension and Intrest income from same Bank and no other Income
4) Bank must be specified Bank notified by the central government .
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On 13 March 2022 at 10:08
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GST Practitioner & Accounts
15093 Points Posted on 13 March 2022

In addition to above you have to give declaration in writing to bank to Bank , please refer section 194P of the Income Tax act .

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On 13 March 2022 at 11:17


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