Requirement to file income tax return for a.y. 2015-16

I have received a house property from my father through a gift deed.Its the sole property in my name.Along with it I have income from savings bank interest and fixed deposite interest, for which I have submitted Form 15G.I have no other income except the aforesaid incomes.Whether I need to file Income Tax return for A.Y. 2015-16?If yes how to show the house property in IT return as its deemed self occupied?My father used to give income tax on the property till A.Y. 2014-15.Thanking you in advance.
Replies (1)

If your income is below taxable limit then you dont need to file the return. Since you filed form 15G it means you do not have taxable income.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details