Income tax return filing: Do you have to file an ITR when you do not have any tax liability?
Confusion persists among taxpayers about who needs to file an income tax return (ITR). Even if tax has been deducted at source, individuals receiving income from all sources above the basic exemption limit must file their ITR
There is confusion in the minds of many persons as regards who has to file an ITR. Few salaried as well as senior citizens receiving interest income carry an impression that as tax has already been deducted at source they do not have to file any ITR. This is not correct. The obligation to file an ITR is a distinct and different from the obligation to pay proper tax and both are required to be discharged separately. Let us discuss the legal requirement as to who is required to file an ITR. This discussion is restricted to the law applicable to individuals only.