What is The Income Limit For Filing Income Tax Returns?
There are some rules that make people mandatory for filing tax returns, and these rules will be different from one year to the next, for the current financial year 2014-15, for which to be evaluated in 2015-16, people coming in the following categories Return the returns:
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There is taxable income of more than Rs. 2,50,000.
The taxable income of senior citizens (60-80 years) is more than Rs. 3,00,000
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Taxable income of senior citizens (80 years and above) is more than Rs. 5,00,000.
