Please Help: income tax return filling

Posted Date : 18-Sep-2014 , 11:36:00 am | Posted By JITENDRA KUMAR AGARWAL

long term Capital gain 3500000 & Exemption U/s %4 F 3500000 and other Income 110000 then assesse is lible for filling income tax return.Please Mention related Case Law And section

Category : Income Tax | Answers : 1 | Comments : 1 | Hits : 268

Answers

Answer By: shankygarg

Yes, when the gross total income is more than the basic exemption limit before allowing the Exemptions/deductions under different sections, Assesse is liable for filling Income Tax Return.