Who is required (liable) to file ITR under Income Tax?
A Resident Individual whose GROSS TOTAL INCOME IS ABOVE BASIC EXEMPTION limit is required to file ITR. Don't misunderstand between filing ITR and claiming Rebate under section 87A of Rs.12,500.
A Resident Individual whose GROSS TOTAL INCOME IS ABOVE BASIC EXEMPTION limit is required to file ITR. Don't misunderstand between filing ITR and claiming Rebate under section 87A of Rs.12,500.