Please Help: demat account
Posted Date : 11-Jun-2012 , 12:11:06 pm | Posted By naga rakesh
is filling of it return is mandatory for people who has income less than basic exemption limit from speculation activities?
Category : Students | Answers : 4 | Comments : 0 | Hits : 200
Answers
Answer By: CA Satuti Mahajan
Not mandatory but the loss can only be carried forward if the return has been filed.
Answer By: CA. SURESH Kr. AGARWAL
If the exemption limit has not crossed then there is no requirement for filling of Return.
Answer By: Siddharth Bumb
it is not necessary ti file IT return if total income of an assessee is less than basic exemption limit...
Answer By: Rambabu Senkarasetti
No need if income less than basic exemption limit
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