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ITR-U nil tax

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15 Points Posted on 01 July 2022
In a case ,if no tax is payable ,still due to bank requirement assessee require 2 years return ,then whether we can file nil ITR-u in such case
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On 01 July 2022 at 21:22 Report
Replies (18)
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206 Points Posted on 01 July 2022
The assessee cannot file nil returned ITR using ITR U for earlier 2 Assessment years..some tax liability has to be payable then it can be filed..
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On 01 July 2022 at 22:34
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Chartered Accountant
86505 Points Posted on 01 July 2022
ITR-U can only be filed if you have taxable income
2 Reply
On 01 July 2022 at 22:53
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CFO- at NHTF
58280 Points Posted on 02 July 2022
@ Shivi ,

If you have income above BEL then 234F is applicable and you may have to pay 1000/- tax and tax filing can be done
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On 02 July 2022 at 07:47
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Chartered Accountant
86505 Points Posted on 02 July 2022
In ITR- U such facility is not available.
1 Reply
On 02 July 2022 at 19:02
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CFO- at NHTF
58280 Points Posted on 03 July 2022
If the income range is 2.51 lacs to 5lacs then it is taxable income only
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On 03 July 2022 at 22:10
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Chartered Accountant
86505 Points Posted on 03 July 2022
What you have replied earlier just check it
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On 03 July 2022 at 22:13
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CFO- at NHTF
58280 Points Posted on 03 July 2022
It is extension to that only . Read it again
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On 03 July 2022 at 22:14
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Chartered Accountant
86505 Points Posted on 03 July 2022
But that was completely wrong 😃
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On 03 July 2022 at 22:19
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CFO- at NHTF
58280 Points Posted on 03 July 2022
How and why ?
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On 03 July 2022 at 22:26
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Chartered Accountant
86505 Points Posted on 03 July 2022
234F penalty is for regular return not for ITR-U
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On 03 July 2022 at 22:36
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CFO- at NHTF
58280 Points Posted on 03 July 2022
Open ITR-U and just test check it
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On 03 July 2022 at 22:39
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Chartered Accountant
86505 Points Posted on 03 July 2022
You check it first
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On 03 July 2022 at 22:42
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CFO- at NHTF
58280 Points Posted on 03 July 2022
Https://www.caclubindia.com/forum/details.asp?mod_id=590785
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On 03 July 2022 at 22:54
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Chartered Accountant
86505 Points Posted on 04 July 2022

You are showing your foolishness to everyone by  posting this thread.
 

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On 04 July 2022 at 12:53


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