Income Tax Filing: Here are All Your Tax-Related Questions Answered
Updated: 30 Jul 2022, 12:48 PM IST
- If you are salaried, you must file Income Tax Return (ITR) every year. It is mandatory for every non-business income taxpayer whose income exceeds the basic exemption limit of Rs.2,50,000.
The income tax (I-T) department has detected over ₹500 crore of undisclosed income during searches at premises linked to two business groups in Tamil Nadu. (HT)