Suppose if a person invests ₹1 lakh in shares and mutual funds (gross annual income being below ₹2.5lakhs)
.Is it necessary(or optional) to file ITR even though the gross annual income is below ₹ 2.5 lakhs?
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ITR filing
Replies (5)
Its not mandatory to file ITR, when gross income is below 2.50 L (or below exemption limit)
Thank you for your immediate reply.
not mandatory when below exemption limit
Thak you
you are welcome
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