Income tax Return

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374 Points Posted on 16 April 2020
In 2017-18 my Gti is Rs.450000 I filled return but in 2018-19 my gti is Rs.200000 should i file return.
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On 16 April 2020 at 11:29 Report
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This discussion clarifies the rules around filing an Income Tax Return (ITR) when your Gross Total Income (GTI) is below the basic exemption limit. If your GTI for 2018-19 was Rs. 200,000, which is below the threshold, you are not legally required to file a return. However, you do have the option to file a 'nil return' if you wish.

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"Do the Right Thing...!!!"
128157 Points Posted on 16 April 2020
No need. it's not mandatory if GTI not exceeding BEL.
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On 16 April 2020 at 11:52
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374 Points Posted on 16 April 2020
Should I file nil return?
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On 16 April 2020 at 12:17
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"Do the Right Thing...!!!"
128157 Points Posted on 16 April 2020
Yes... You can file nil ITR.
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On 16 April 2020 at 12:38
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28271 Points Posted on 16 April 2020
File nil return
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On 16 April 2020 at 15:27
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374 Points Posted on 16 April 2020
Is nil return filing in above situation is mandatory or optional?
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On 16 April 2020 at 17:27
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"Do the Right Thing...!!!"
128157 Points Posted on 16 April 2020
Refer my first reply...
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On 16 April 2020 at 17:32

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