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Ganesan B (EXECUTIVE IN NBFC)     27 July 2021

WHETHER TO FILE RETURN - INCOME ABOVE 2.5 AND LESS THAN 5 - AGE 90

The income of a super senior citizen (age 90) is above 2.50 lakhs but less than 5 lakhs.  Has he to file a return for ay 21-22?  Please suggest.



 12 Replies

Hari Beldona

Hari Beldona (ACA)     27 July 2021

Income up to Rs 5,00,000*
No tax
Sourav

Sourav (Student)     27 July 2021

Not required to file ITR
Hari Beldona

Hari Beldona (ACA)     27 July 2021

As his taxable income not exceeding Rs. 5 lacs return of income need not be filled
Deepak Kumar

Deepak Kumar   27 July 2021

Aggre with sourav ji
Hari Beldona

Hari Beldona (ACA)     28 July 2021

Up to Rs. 5,00,000 no tax means meaning not required to file return of income
Ganesan B

Ganesan B (EXECUTIVE IN NBFC)     28 July 2021

Thanks.  If he has been deducted TDS as the income is above 2.5 lakhs, for getting refund, has he file the return?

Hari Beldona

Hari Beldona (ACA)     28 July 2021

Yes that's the only option
Ankit Neema

Ankit Neema   28 July 2021

If your TDS has been deducted , then even if you have income less than basic exemption , you need to file you return for claiming TDS.
Hari Beldona

Hari Beldona (ACA)     28 July 2021

For claiming refund of YDS I replied in brief yes that is the only option means the person who queried can understand
Sourav

Sourav (Student)     28 July 2021

Yes for claiming TDS refund then return should be filed
Ganesan B

Ganesan B (EXECUTIVE IN NBFC)     28 July 2021

Thank you all for sharing your views.

Sourav

Sourav (Student)     28 July 2021

Your welcome... For your response


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