Income tax return itr1 filing

Dear Sir,

kindly advise my salary income 275000 approx

income from mf,interest,diividend is 250000 appox.

capital loss is approx 60000

tds deducted is around 5000

my mediclaim , elss 72000

is it ok if i don't income tax return and forego 5000/- tds

or is it mandatory to file income tax return