5 Questions
Who is obligated by law to file Income Tax Returns?
Individuals with gross total income over ₹2.5 lakh
Which form is applicable to companies or firms, regardless of income or loss?
ITR 6
Who can file a belated return and still carry forward certain losses?
Those with gross total income over ₹3 lakh
Which individuals are eligible to claim an income tax refund?
Those with gross total income over ₹2.5 lakh
Why is it important to know which Income Tax Return Form is appropriate for each case?
To expedite the processing by the Income Tax Department
Test your knowledge of income tax returns and the various forms with this quiz. Explore the requirements, implications of filing a belated return, and the regulations under the Income Tax Act, 1961.
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