A female I.t. Assess income from home tutions monthly around Rs:10,000/-
question:
Assess I.t. return filed compulsory or not.
6 Replies
rama krishnan
(12244 Points)
Replied 31 January 2021
If your gross total income exceeds 2.5 lakhs, then filing ITR is mandatory
Kapadia Pravin
(17264 Points)
Replied 31 January 2021
So far as gross total income remains below 2.5 lakhs, it's not required to file Return.
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 31 January 2021
Not required to file return
Krishna Chaudhary
(Accountant)
(4531 Points)
Replied 31 January 2021
Not compulsory, but you can file.
CA Rashmi Gandhi
(Chartered Accountant)
(86469 Points)
Replied 31 January 2021
You are not required to file ITR as Total income is below basic exemption limit I.e Rs.2,50,000/-
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