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