Who is to file and not to File an Income Tax Return (ITR) in India?
Under Section 139(1) of the Income Tax Act, every person, including individuals, Hindu Undivided Families (HUFs), companies, and firms, is required to file an Income Tax Return (ITR). However, for individuals and HUFs, if the total income is less than the basic exemption limit, they are not mandated to file an ITR. Despite this, there […]
Who is to file and not to File an Income Tax Return (ITR) in India? Read More »