I have earned stipend income of Rs 240,000 during PY 2018-19. Also, might have some bank interest of around 11,000.
Am I supposed to file return?
Depends upon nature of stipend earned, but in general.... YES.
Any stipend received by an Article Clerk from a Chartered Accountant is exempt u/s. 10(16) of IT act; so report it in 'Schedule EI'
Its always advisable to file ITR whenever aggregate income exceed BEL, be it taxable or not. Because of digital revolution, non-filers notices are abundant.
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