Itr
A person must submit an Income Tax Return (ITR) form to the Indian Income Tax Department. It includes details on the individual's earnings and the yearly taxes owed. People are entitled to file an income tax return if their taxable income exceeds the maximum amount exempt from taxation. For the fiscal year 2019–20, the basic exemption threshold is Rs 3 lakh for senior persons (aged 60 to 80), Rs 5 lakh for super senior citizens (aged 80 or more), and Rs 2.5 lakh for everyone else.

















