In big relief, 75-plus need not file IT returns from AY22-23

  • September 7, 2021
  • CA Chandan Agarwal's Office

Declaration to bank enough; must not have multiple bank accounts or seek refund

In a big relief, senior citizens aged 75 or above can give a simple declaration to his/her bank to get exemption from filing the Income Tax Return (ITR), according to a new I-T Department rule.

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