Shall I submit ITR-1,if my salary after deduction of standard deduction is below 2,50,000/-. ? Ex. My Gross Salary is 2,90,000/-. .I don't have any investment. Shall I submit the return?
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Income tax(itr-1)
Replies (4)
Yes, based on available data ITR 1 can be filed.
Is it mandatory?
Yes, aggregate income exceeded BEL.
Sir,
If i was under presumptive taxation scheme last year & presently I am earning as regular employee. If I opted presumptive taxation scheme,should it be continued for at least 5 year? Please advise.
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