While it is true that you may not have any tax dues, that alone does not mean you can skip filing your return. Filing ITR is not just about paying taxes-it is also about reporting your income formally ...
Even if your income is under the taxable limit, you might still be required to make an Income Tax Return. The legislation mandates Nil ITR filing in some cases like crediting more than ₹1 crore in ...
If a taxpayer has filed ‘nil’ in the GSTR-7 form and has crossed the deadline for filing the Goods and Services Tax Network, no penalty will be levied. This does not apply to those taxpayers who are ...
If you’ve spent ₹2 lakh or more on foreign travel—whether for yourself or someone else—that alone triggers a requirement to file your return. The same goes for holding any foreign assets, earning ...
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