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Help me 3 Question

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Tribhuvan Soni

43 Points Posted on 29 December 2020

1.Individually Meri income yearly 2 se 2.5 lac hai. Me ITR file nahi krta hu... And meri age 25 hai
To agar muje koi 10-15 lac ki property buy krni hai to source kaha se or kese dikhaunga.

2. Aur agr Income 2 se 2.5 lac aur pichle 5 years se itr file kr rha hu .. tab muje agr 10-15 lac ki property buy krni ho to..
Sources kaha se or kese dikhaunga..

Please details me smjhana..

Aur
3. Pichle 5 saalo se itr file kr rha hu and income after rebate non taxable hai....
To agr me current year ka itr kisi reason se file nahi kru to kya hoga. Any notice aayega ?...
And 1 saal skip krke next year se fir se itr file krne par dikkat to nhi hogi.

Replies (3)

Quick Summary

This discussion addresses how to demonstrate the source of funds for purchasing property worth 10-15 lakh when your annual income is between 2-2.5 lakh. It explores scenarios with and without a history of filing Income Tax Returns (ITR). The user also inquires about the consequences of skipping ITR filing for one year, especially when income is below the taxable limit, and whether this impacts future ITR filings or loan applications.

ayusmita

Tax consultant

3466 Points Posted on 29 December 2020

1 how you earn income of rs 2 to 2.5lakh if you have no source of income ?
2. if you have no source of income but you filling ITR showing income then how you filling a itr without a source ?
3 below tax limit no notice above tax limit notice
no problem if you don't file itr it's depends upon you
but for loan consecutive 3yts itr needed