Budget 2019-20- Compulsory INCOME
Tax Filing Reintroduced
Provision for
compulsory filing of returns introduced again.
1. You have to do
it if you have deposited Rs.1 one crore or more in bank accounts.
2. Have
electricity bills above Rs. 1 lakh.
3. Incurred
expenditure of more than Rs.2 lakh on foreign travel.
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