Sooner the better.File Income Tax Return for AY 2021-22 message comes on my mobile phone. Do I need to file an ITR? Revenue and bank transactions are less than Rs 5 lakh in the financial year 2020-21
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Quick Summary
This discussion addresses whether an Income Tax Return (ITR) filing is mandatory, especially when income is below Rs 5 lakh and the 26AS form shows zero values. Generally, filing is required if your income exceeds Rs 2,50,000 as per Section 139 of the Income Tax Act. The user is seeking final confirmation after checking their 26AS form.
Dear Sir As you said I checked my 26 AS form and nothing in it is recorded in a single table showing zero value in all the cells so give final confirmation to my doubts
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