Do I need to file a tax return?
You will need to file an annual tax return if you fall into one of the following categories:
- 1. If you are an individual whose annual income, before tax deductions, is above any of the following cases
- Rs.150,000 for all resident Indians, other than the two cases mentioned below
- Rs.180,000 for resident women
- Rs.225,000 for resident senior citizens
- If you need to file for a tax refund for tax deducted at source
- If you get a notice from the Income Tax Department for return of income
- If you want to claim carry forward losses from the current year in future year
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Vishal Joshi said : 13/12/2011 |
No need to file tax if your income is below taxable income i.e. 180000 |
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Aloke said : 01/04/2010 |
mandatory to file tax if income is above limit |
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Narsingh kumar said : 17/02/2010 |
If any body has PAN CARD but total income is nil then is there need to file tax return? Please reply. |
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Aloke said : 26/05/2009 |
As far as I know if you are below taxable limit there is no need to do the filing. Please confirm. |
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ANITA said : 09/03/2009 |
my income is nill but i have PAN NO. IS IT COMPULSORY FOR ME TO SUBMIT TAX RETURN |