one of a non I.t return filed person self assessment tax paid Rs:1500/- for the purpose of bank loan in f y 19-20.if not taxable income.
question:
A person I.t. return filed compulsory in f.y.19-20
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Income tax query
Replies (3)
Quick Summary
Not mandatory but bank will definitely ask for ITR return in future. moreover as self assessment tax deposited department will also issue a notice for filing...so in order to avoid future problems..Itr should be filed
It is necessary to file regular basis for good purpose of loan
File return
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