banner_ad

ITR Disclosure AY 2020-21

207 views 1 replies
whether it is compulsory to mention details regarding
*Expenditure on Foreign Travel>1 L , *Payment of Electricity > 1L ,
*Deposit of Cash in Current Account in Excess of 1 Cr
even when assessee is regularly filing ITRs and has taxable income.

confusion is that whether above mentioned details to be given compulsorily , if Assessee has income above taxable limits and is liable to file Return of Income

Thanks
Replies (1)
Not required, if your income is above basic Exemption limit.

In ITR form "Are you filing return of income under Seventh proviso to section 139(1) but otherwise not required to furnish return of income?... select..NO"


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

J SINGH & ASSOCIATES

Ahmedabad

CA Inter

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details