my father is 76 year old his income is from pension and intrest on fix deposite in same Bank. please tell it is necessary for him to file income tax return this year
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Quick Summary
This discussion addresses whether a 76-year-old individual receiving pension and fixed deposit interest needs to file an income tax return for the financial year 2022-23. It clarifies that if his gross total income is less than £3 lakh, filing may not be necessary. However, if the income exceeds this threshold, or if he hasn't filed a TDS declaration with the bank under Section 194P, an income tax return should be filed.