article banner
Union Budget 2021

Don’t have taxable income? You still need to file income tax return in these cases

rich text with image

“The general obligation to file an income-tax return by an individual arises if the gross total income (before claiming the specified deductions /exemptions) exceeds the basic exemption limit of Rs 2,50,000 during a particular financial year,”

Akhil Chandna
Associate Partner,
Grant Thornton Bharat LLP

This article appeared in Financial Express on 08th Jan, 2021.