Tax return in total income less than 2.5 lakhs

This discussion explores whether an individual needs to file a tax return if their total income is less than £2.5 lakh. While it might not be mandatory in all cases, especially with capital gains from mutual funds below the exemption limit, filing is often recommended. This is due to AIS reporting and to avoid potential queries from the Income Tax Department in the future. It's advisable to declare all income and file an Income Tax Return (ITR) to ensure compliance.