The obligation to furnish ITR shall arise where the total income (earned in India) exceeds maximum amount not chargeable to tax (Rs 2.5 lakh) Hence, furnishing of ITR in respect of interest income, being below taxable limit, is not required.
from The Financial Express https://ift.tt/3imDg9Y
Monday, 10 August 2020
NRIs need not file ITR for interest income below taxable limit
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