Who needs to file a tax return?

"No recent Twitter posts." — taxsaversin

On 01.19.10, In FAQ, By editor

Irrespective of the profit or loss earned a company has to file a tax return.
Irrespective of the profit or loss earned a partnership firm has to file a tax return.
For a person apart from company and firm, filing taxes is necessary for income in excess of the amount not chargeable to tax.
If you have a receipt of an income derived from the property which has been held under religious or charitable purposes and if the income without giving exemption under Section 11 or 12, exceeds the maximum amount not chargeable to tax.
A Chief Executive Officer of a political party, if the income without providing any exemption under Section 13 A exceeds the maximum amount not chargeable to tax.
For a scientific research association, news agency, association/institution for control/supervision of a profession, institution for development of khadi and village industries, fund institution, educational/medical institution, trade union – if the income, without giving exemption under Section 10, exceeds the maximum amount not chargeable to tax.