WHEN ITR FILING IS MANDATORY
WHY ITR IS MANDATORY? That common myth—”No tax, no ITR”—is a trap that often leads to a pesky love letter from the Income Tax Department. While the basic exemption limit (currently ₹2.5 lakh in the Old Regime and ₹3 lakh in the New Regime) is the standard rule, there are several “triggers” that make filing […]