Income Tax Return

This discussion addresses whether a new businessman, earning Rs. 2,30,000 and registered under GST, must file an income tax return. Despite their income being below the basic exemption limit of Rs. 2,50,000 and no TDS being deducted, the consensus is that while not strictly mandatory in this specific scenario, filing is often recommended. The key takeaway is that GST registration and regular filings do not automatically trigger an income tax filing obligation if income is below the threshold.