ITR 139(1)

Whether Agricultural Income say Rs 500000/- and non agricultural income is RS 230000/-.

In above case whether ITR is filled under section 139(1) or not?

Replies (2)
Quick Summary
This discussion clarifies whether an individual needs to file an Income Tax Return (ITR) under section 139(1) when they have both agricultural income and non-agricultural income. The consensus is that filing is required. The total income for the purpose of section 139(1) is calculated by adding your Gross Total Income (GTI) and any applicable Section 54 deductions, excluding Chapter VI-A deductions.

Yes file returns

Wording used in 139(1) is of Total income is excluding deduction of chapter VIA and section 54 and so total income 139(1) is considered as follows 

Total income= GTI+ sec 54(if any)

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