Filnig Income Tax return in India who does not have taxable income?

My wife has a pan card, she is a house wife cum free lance writer. Her earnings and return on investments does not fall into the taxable income bracket. Shuld she file income tax return, is it mandatory in India;/ What is best for her to do.

Public Comments

1. if ur wife has pan card she is an income tax assesse so its mandatory for her to file income tax return irr respective that she falls under tax slab or not.
2. Ur wife has a PAN Card and is a House wife. Her Return on Investments does not fall under Taxable Income Bracket. Its not necessary for her to file Income Tax Return. Pls check Income Tax Act section 139
3. She should file income tax nil return. It does not matter whether her income falls under taxable income or not.
4. Yes, she must file tax return if her total income is more than income not accessible to income tax. For information, go to http://mytaxes.in/index.php?topic=32.0.
5. Just because she is having a PAN card it dose not mean she should file tax returns. If her income is below taxable and if she has so far not filed her returns yet, then she need not file any returns. But if she has already filed her returns once, then it is better to file the returns. See in the web site of our beloved Income Tax department (AY:2003-04) who says no need to file tax returns if their income is <50,000 (In the AY: 2003-04 tax free income was Rs.50,000). Now the tax free income is 1.5 lakhs and accordingly your wife need not file any returns. The Income Tax department should feel shame for they failed to update the imparant information since AY:2003-04. http://www.incometaxindia.gov.in/general/filereturn.asp
6. Note following points: 1. PAN is only for identification purpose. 2. U/s 139(1) of the I T Act , a lady who has gross total income in excess of Rs 1,45,000 for FY 2007-08 and Rs 1,80,000 in FY 2008-09 shall have to file return. If not , she is not accountable for filing of return of income.