
13/07/2022
ITR Filing is Mandatory in 10 Situations.
If your total income exceeds the basic exemption limit of Rs. 2,50,000/-.
If you have assets outside India.
If you deposit more than Rs .1 crore in a bank account.
If you incur Rs. 2 lakh on foreign travel.
If your electricity Consumption is Rs. 1 lakh per annum.
If Turnover of your business is more than Rs. 60 lakh in a year.
If Gross Receipt from Profession is more than Rs. 10 lakh.
If TDS is Rs. 25,000 or more
If TCS is Rs. 50,000 or more.
If deposit in a saving bank account is Rs.50 lakh or more
5. Last date for filing ITR is 31-07-2022.