In each of the following independent situations, you are required to examine whether these persons are mandatorily required to file income tax return for A.Y. 2024-25 : (b) Manish, aged 65 years, has retail trader of han

Answer 4A(i) (b) If a person other than a company or firm whose total income before claiming the deduction under chapter VI-A does not exceed the maximum amount which is not chargeable to income-tax, are not mandatory required to file return of income under section 139(1) of the Income Tax Act, 1961. In the given case, Manish is senior citizen and his total income is 2,75,000 only, which is below the exemption limit of ₹ 3,00,000. Hence, Manish is not mandatory required to file return of income for A.Y. 2024-25 on or before due date under section 139(1).