July 31 is the tax filing deadline for personal tax returns for Financial Year (FY) 2022-23 (AY 2023-24) and it is just a few days away. Every individual whose gross total income exceeds INR 2,50,000 in a given FY is obliged to file the tax return. There may be other conditions as well (e.g., having foreign assets for resident and ordinary residents etc.) where return filing may be mandatory irrespective of quantum of income.
ITR Filing for AY 2023-24: Top things to keep in mind while filing income tax return by individual taxpayers
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