Income Tax Notice and Jail for Not Filing ITR | Income Tax Return Filing Mandatory Rules 2024

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Income Tax Notice and Jail for Not Filing ITR | Income Tax Return Filing Mandatory Rules 2024

In this video we have discussed about, all rules related to Income tax return filing, and consequences for not filing ITR, most of individuals think they are not required to file ITR as their income is less than 7 lakh rupees, but as per income tax act, 1961 there are multiple rules and provisions that an individual is required to file ITR even his income is less than basic exemption limit, as well as this 7 lakh limit is not of ITR filing this is the limit when upto this income tax amount will be zero.


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Topics covered in this video
itr filing mandatory for cash deposit in saving account
itr filing mandatory sales limit
itr filing mandatory gross receipt limit
itr filing mandatory TDS limit
itr filing mandatory current account cash deposit limit
itr filing mandatory for foreign tour
itr filing mandatory for electricity consumption
itr filing for tds refund

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