I.T. Return Filed Below Taxable Income In F.Y.2018-2019


Anonymous
watch_later 3 weeks, 3 days ago

Sir,

One I.t. assess source of income below taxable limit in f.y. 2018-2019. A person previous savings amount cash Rs.10,50,000/- different dates deposits  in  bank sb account in f.y. 2018-2019.

My question:

A person I.t. return f.y.2018-2019 before March,2020  filed compulsory or no.

  • chatComments
1 Answer

Mukesh Solanki watch_later 9 hours, 22 minutes ago
arrow_drop_up
0
arrow_drop_down

Your question is not clear, however what I can reply to you is if you make cash deposit above Rs.2,50,000/- in a year in savings account then information goes to Income tax dept through AIR U/s 285BA & department can send a notice. Better to file the ITR considering the full cash receipts. Now due date for filing of ITR is extended till 30/6/2020 due to covid.

 

  • chatComments
Did Not get Answer?

Join the largest Taxation Q&A platform on internet and ASK YOUR OWN question.

Ask your Question

You need to be logged in to answer.

Never File Wrong GSTR-1

Check your GST numbers in bulk. Check unlimited GST numbers with very cheap packages.

Used by
Ask Question