When ITR Filing is Mandatory –

1- If your total income exceeds the basic exemption limit of Rs. 2.5 lakh
2- If Gross Receipts from Profession is more than Rs. 10 lakh
3- If the turnover of the business is more than Rs. 60 lakhs in a year
4- If you deposit more than Rs. 1 Crore in a Current bank account
5- If you incur an aggregate of Rs. 2 lakhs on foreign travel
6- If your Electricity consumption is Rs. 1 lakh per annum
7- If you have assets/finance interest outside India
8- If TDS/TCS is Rs. 25000 or more
9- If TDS/TCS is Rs. 50000 or more for senior citizens
10- If the deposit in a savings bank account is Rs. 50 lakh or more