About This Income Tax Section You Have To Know | File Income Tax Return,...
About This Income Tax Section You Have To Know | File Income Tax Return,Income Tax Details In Bangla
Income must be 1 lakh or 10 lakh, it is necessary to keep these records
Your income is one lakh rupees per year or 10 lakh or more you should maintain your income record. The central government may ask you what is your source of income. In such a situation, you should have a record so that you can prove that your income source is this. If you can not do this then you can get trapped in legal difficulties.
If your annual income is more than Rs. 2.5 lakhs then it is important for you to record your income source. It is also important for such people to file income tax returns. For those who do not file returns, the government can ask how much your income is and what is your income source. In addition, the Income Tax department can give a notice and ask why you are not filing income tax returns.
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