Income Tax retrun

ITR 249 views 8 replies

If some one not having a Taxable income till FY 2021-22, but from SY 2022-23 he/she is having income, whichis not of a regulra nature, above taxable limiet of Rs. 2,50,000/-, should he/she file an income tax reurn and what if from FY 2023-24 that income is not continued. Soe still he/shee has to continue file income tax return

Replies (8)
If the total income is above basic exemption limit then only ITR filing is required..Need not continue ITR filing. You may just reply from proceedings
Return filing is compulsory only if income is more than basic exemption limit i.e 250000/-. You can file when you have income more than BEL and skip filing if it is below limit.
@ Honourable CA Rashmi Gandhi mam ,I have an old query in inbox ,could you please tell me the formulas ...
Yes I will
@ Nimesh Joshi,
Even if any communication comes from IT dept still it is not required to file ITR
When the return filing topic is completely closed, why you jumped again in this post
Your name is not quoted and it's incomplete for queriest to understand ..

You just mind your answers
Because I know you are replying for points only


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