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.
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Income tax return
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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