Income Tax Return Filing AY 2024-25: The deadline for filing ITR for the current assessment year is July 31, 2024, for individuals who are not required to undergo an income tax audit for FY 2023-24.
In this case, the total income excluding gross deductions under section 80C will be Rs 3,90,000 (Rs 5.5 lakh-Rs 50,000-Rs 1.1 lakh) (assuming the other deductions are not under Chapter VI-A), and they will be mandatorily required to file their ITR.
Gear Up For The World Cup Final With These Relaxing Recliner ChairsWWE SmackDown June 28, 2024: LA Knight qualifies for the Money in the Bank Ladder matchChia seeds vs flax seeds: Which is healthier and how to use them daily2 traffic cops beat up driver, suspendedSonakshi Sinha and Zaheer Iqbal spotted visiting Shatrughan Sinha at Kokilaben Hospital following their wedding8 Vegetarian foods that are rich in zinc6 essential yoga asanas every woman should practice for a healthier lifeWBBSE Madhyamik exam schedule 2025 announced, begins from Feb 10: Check detailed class 10 boards timetable hereBadminton sensation Malvika Bansod shocks Kristy Gilmour to enter semifinals of US OpenLaapataa Ladies deleted scene: Deepak seeks help from fakiri baba to find missing wife PhoolMan drowns at Delhi's Okhla underpass as heavy rain floods city'Kalki 2898 AD' box office collection day 1: The Prabhas, Deepika Padukone, Amitabh Bachchan starrer opens with HUGE Number, earns Rs 95 crore in India, Rs 180 crore worldwideOnion juice for hair growth: Does it actually work?
The story "Income Tax Return Filing: Is it compulsory to file ITR if income does not exceed Rs 7 lakh?" has 1573 words across 52 sentences, which will take approximately 7 - 14 minutes for the average person to read.
Which news outlet covered this story?
The story "Income Tax Return Filing: Is it compulsory to file ITR if income does not exceed Rs 7 lakh?" was covered 2 days ago by Times of India, a news publisher based in India.
How trustworthy is 'Times of India' news outlet?
Times of India is a fully independent (privately-owned) news outlet established in 1838 that covers mostly economy and business news.
The outlet is headquartered in India and publishes an average of 26 news stories per day.
It's most recent story was published 5 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.