Home > Income Tax > Income Tax Return > Persons for whom it is mandatory to file Income Tax Return

Persons for whom it is mandatory to file Income Tax Return

U.C Date : 25 Feb 2015

The following persons are mandatorily required to file income tax return

  • Company
  • Firm (In Income Tax Act Firm means a Partnership Firm, Sole proprietor firms are considered as an individual)
  • Any other person whose total income exceeds the maximum amount which is not chargeable to income tax.
  • A person is required to file ITR if total income of any other person in respect of which he is assessable under this Act during the previous year exceeded the maximum amount which is not chargeable to income-tax.

Leave a Reply

Your email address will not be published. Required fields are marked *

Get updates and weekly newsletter in your email. Join more than 10,000 subscribers !