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6 ways filing IT returns has become more complicated
Rediff.com

6 ways filing IT returns has become more complicated

New ITR form may be simpler, but some changes could stump you, warn Tinesh Bhasin and Sanjay Singh.Illustration: Uttam Ghosh/Rediff.com Until recently, a person didn't need to file a return if her/his taxable income was below Rs 2.5 lakh. But this year onwards, it doesn't solely depend on the taxable income. Now, if the taxpayer has exempted income like long-term capital gains that crosses the basic exemption limit of Rs 2.5 lakh, s/he needs to file returns mandatorily. For example, if an ... Rediff.com, 2 months ago
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