Hi...
Whether it is possible to file ITR U for income having below basic exemption limit...
Menu
ITR U For income below basic exemption limit
Replies (11)
Yes, provided not filed relevent year ITR before..
If total income before chapter VI A deductions is below 2.5lacs then ITR U can't be filed if late fees is not applicable
ITR U can not be filed without paying any tax or interest on penalty. A ITR U is not applicable for income below 2.5Lakhs.
Thank you all
Most welcome..
Nor correct itr U condition basic threshold exemption is not acceptable.
Check whether late fees is applicable for income below basic exemption limit
FOR REVENUE OF ONE THOUSAND ***************
No, You can't file to ITR U, because if you want to file ITR U you need to pay extra tax as per second 140B
👍🏻👍🏻
Can anyone please tell me how do I file 2 year old ITR if my salary was less than 2.5 lacs.
Recent Threads
- Inverted Rate structure .
- Exemption to be climed
- GST TDS u/s 51 Applicability on RBI and it's subs
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
Related Threads
CAclubindia
