It is mandatory to file ITR for individuals If the gross total income is over Rs.3,00,000 in a financial year (Includes standard deduction). This limit... show more
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It is mandatory to file ITR for individuals If the gross total income is over Rs.3,00,000 in a financial year (Includes standard deduction). This limit exceeds Rs.3,00,000 for senior citizens and Rs.5,00,000 for super senior citizens. The entities listed below are required to pay tax and file their income tax returns.
