Hi May I know, Can I file return of income even if my income is below taxable limits?
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The Income tax return is compulsory if there is any Tax liability. But if any assessee is having any Income which is below the exemption limit then he can choose to file e-return based on his category of Income.
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yes, if your income is less than the taxable income slag nd even if you have paid no tax you may or may file return. but once you have started filing reurns for your paid taxes, you shall contimue to file returns. Even if later asessee has low income, he or she has to file return
YES. You can file the income tax return even if your income for the assessment year is below the taxable limit.
Hiiii friend....
The Income tax return is compulsory if there is any Tax liability. But if any assessee is having any Income which is below the exemption limit then he can choose to file e-return based on his category of Income. There is no restriction on filing Nil or Below limit return.
yes return of income may be filed even if the income of assessee is below the taxable limit. There is no restriction or no clause of filing return only when u r taxed