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Income tax return

Tax queries 226 views 4 replies

Can anybody guide for whom it is mandatory to fle ITR today. Because we have some employees whose  salary income is 4 lakh in a year and tax has been remitted after computation and form 16A has been issued for the F Y 2016-17.

Replies (4)

Yes, today is the last date to file belated return for FY 2016-17, having taxable income more than BEL

YES TODAY IS THE LAST DATE FOR P/Y 2015-16 & 2016-17

Sir,

What is the ceiling limit to file ITR. Because Earlier  individauals below 5 lakh were exempted from filing ITR 

FOR A/Y 2018-19

1.Individuals below 60 years                       2,50,000 Above this taxable

2.Individuals over 60                                   3,00,000 Above this taxable

    years and under 80 years             

3.Individuals over 80 years                         5,00,000 Above this taxable

   and above               


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