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Is there any income limit to file for incometax for the fin.year 2017-18?
NO
BASIC EXEMPTION LIMIT RS 2,50,000
There is no limit regarding income to file ITR.
BEFORE 2,50,000 OF GTI FILING OF INCOME TAX RETURN IS NOT MANDATORY.
BUT AFTER 2,50,000 OG GTI FILING OF INCOME TAX RETURN IS MANDATORY.
No tax for individuals with income less than Rs. 2,50,000 for the F.Y 2017-18.
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