Income tax return - Is it mandatory to file Tax Return?

Q & A Forum › Category: Tax Planning › Income tax return – Is it mandatory to file Tax Return?

asu12 asked 10 years ago

sir, my total income for the FY 2014-15 was not in taxable limit that's why I did not submit any return for that financial year , will it make any problem for me?

1 Answers

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Sreekanth Staff answered 10 years ago

Hi, It should not be an issue. But, it is advisable to file your income tax return so that you can build proof of your finances/income. Kindly read my latest article related to this topic; http://www.relakhs.com/income-tax-return-filing/