ITRFilling for ComputerSales
Yes, there are some threshold limit for ITRFilling for ComputerSales and services:
1. If your total income (gross receipts) is more than ₹2,50,000, you are requir to file an ITR, irrespective of whether you have any tax liability or not.
2. If your total income is less than ₹2,50,000 but more than ₹60,000, you are required to file an ITR if your total business expenses are more than 50% of your gross receipts.
3. If your total income is less than ₹60,000, you does not required to file an ITR.
However, there are some exceptions to these threshold limits. For example, even if your total income is less than ₹2,50,000, you may still be requir to file an ITR if you have any capital gains or if you have received foreign income.
You can find more information about the threshold limits for filing ITRs on the website of the Income Tax Department of India.
To visit: https://www.mca.gov.in/
For further details access our website: https://vibrantfinserv.com
