sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« Direct Tax »
 CBDT directs tax sleuths to survey, inspect high value transactions
 Filing your income tax returns? Here are four challenges that you may face
 Filing your income tax returns? Here are four challenges that you may face
 Here's a list of things to remember while filing income tax returns this year
 How to fill salary details in ITR1 for FY 2017-18
 Filing income tax returns? You need to disclose these assets to the taxman
 Here's why you should not delay filing your income tax returns
 Six changes in ITR 1 form that you must know ITR 2018-19
 Here are top 5 ways to save money, and you won’t even feel the pinch
 Why checking Form 26AS is necessary Income tax return (ITR) filing
 Central Board of Direct Taxes signs three more unilateral Advance Pricing Agreements with taxpayers

Income tax return: Do super senior citizens have to file returns?
June, 06th 2017

My father is over 90 years of age and has income from pension, interest on fixed deposits and savings account. His total income is Rs 2 lakh per annum. He has no TDS refund claim. Is he required to file income tax return?

There is a requirement for individuals to furnish I-T return, if total income exceeds the maximum amount which is not charge-able to income tax. An individual qualifying as ordinarily resident also has to furnish return of income if he holds any foreign asset including any financial interest even if income is less than the threshold limit. An individual may need to file his return, if he wants to carry forward a loss or wants to claim a refund of excess taxes paid. In this case, your father being a super senior citizen whose income is below chargeable limit (i.e. Rs 5 lakh) and with no refund to claim, foreign assets or other sources of income (other than pension, FD and savings interest), is not required to file the return.

'Make In India' For Defence Makes More Sense Than Buying Cheaper From Abroad: Ankur Gupta, EY

I am facing problems in logging into my e-filing account. I registered but forgot my user ID & password. I have sent mails to the department to register my email id, but there is no response. What should I do?

If you have forgotten your ID and password, you have an option to reset the password using one of the following:

Answer Secret Question.

Upload Digital Signature Certificate (if available)

Using One Time Password (PINs) sent to the registered email id and mobile number

Using Aadhaar OTP—If Aadhaar is linked with PAN, then you could generate OTP to reset the password.

A detailed manual ‘Reset Password – User Manual’ is available on the income tax website with step by step process for each of the above options.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Outsourcing Test Solutions Software Testing Software Bug Testing Software Issues Tracking Software Issue Fix Software Code Optimization Database Design Optimization

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions