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  2. www.livemint.com › money › personal-financeITR Filing: Who Are Mandatory & Who Are Exempted To File ITR ...

    Jul 22, 2022 · An individual or HUF must file a tax return if their total income, before any deductions or exemptions, surpasses the statutory exemption threshold. Individuals must, however, report any...

  3. tax2win.in › guide › conditions-exceptions-itrWho Should File ITR for FY 2023-24?: Conditions & Exceptions ...

    Jul 25, 2024 · As per the Income Tax Act of India, individuals are required to file an ITR only if their annual income exceeds the basic exemption limit. However, there are certain conditions in which you might be required to file an ITR even if your income falls within the basic exemption limit.

  4. taxguru.in › income-tax › file-income-tax-return-itrWho should file Income Tax Return (ITR)? - Tax Guru

    • Individuals with Taxable Income. Any individual whose total income exceeds the minimum taxable threshold is required to file an ITR. The minimum taxable threshold differs based on the age and residential status of the individual.
    • Non-Resident Indians (NRIs) NRIs are required to file an ITR if they have any income arising in India, irrespective of the amount. This includes income from salary, property, capital gains, business or profession, or any other taxable sources within the country.
    • Business Owners and Professionals. Individuals engaged in a business, profession, or self-employment are required to file an ITR. This category includes freelancers, consultants, doctors, lawyers, traders, and any other individuals conducting business activities.
    • High-Value Transaction Participants. Individuals who have undertaken certain high-value transactions during the financial year are required to file an ITR, regardless of their total income.

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  6. economictimes.indiatimes.com › wealth › taxITR filing: Who has to file income tax return mandatorily ...

    Oct 31, 2020 · The government requires people to file income tax returns (ITRs) to get information about their income and to check if tax on the income earned has been correctly paid. The last date for filing ITR for FY 2022-23 (AY 2023-24) is July 31, 2023, for individual taxpayers whose accounts are not required to be audited.

    • Preeti Motiani

  7. economictimes.indiatimes.com › wealth › taxWho needs to file income tax return (ITR) in India for FY 2023-24

    Jun 21, 2024 · According to Section 139 (1) of the Income-tax Act, ITR filing is mandatory if a resident individual owns assets such as shares, bonds of foreign companies; a house in foreign countries; or has income such as dividends, interest or rent from foreign countries.

    • Preeti Motiani

  8. taxguru.in › income-tax › required-file-income-taxWho is required to file Income Tax Return (ITR) - Tax Guru

    May 6, 2023 · Discover who is required to file an Income Tax Return (ITR) and the mandatory criteria. Learn about the advantages of filing ITR, the due date, and the importance of compliance for various financial activities.

  9. www.incometax.gov.inHome | Income Tax Department

    e-filing and Centralized Processing Center. e-Filing of Income Tax Return or Forms and other value added services & Intimation, Rectification, Refund and other Income Tax Processing Related Queries