There are certain scenarios where ITR filing is mandatory for individuals even if their gross total income is below the basic exemption limit. You have to file a return if: You have spent more than ₹2 lakh for an international trip. Your bank account's cash deposits and withdrawals exceed...
As per the Income tax Return guidelines, the deadline for filing IT return for FY 2015-16 was July 31 but due to PSU bank strike, the last date for filing income-tax returns got extended to August 5 by the Government. In view of the day-long strike at public sector banks on behalf...