itr without paying tax

  Can You File Your ITR Without Paying Tax? Yes, Here’s How Filing your Income Tax Return (ITR) does not always mean you have to pay tax. In many cases, individuals are eligible to file zero-tax returns. Here’s how it works and when it applies to you. ✅ When Can You File ITR Without Paying Tax? You can file your ITR without paying any tax if you meet any of the following conditions: 1. Your Income Is Below the Taxable Limit Depending on the tax regime, your income may be completely exempt: Tax Regime Exemption Limit (FY 2024–25) New Regime ₹3,00,000 Old Regime ₹2,50,000 Senior Citizens ₹3,00,000 If your total income is below these thresholds, you don’t owe any tax, but you can still file your ITR for record purposes or refund claims. 2. You Have No Tax Payable After Deductions Even if your income is above the basic limit, your tax liability may be zero after: TDS deduction by employer or bank Deductions under Sections 80C, 80D, 80G, etc. Rebate under Section 87A (up to ₹25,000 if income is under ₹7 lakh) In this case, you can file your ITR without paying additional tax. 3. You’re Filing to Report a Loss You can file a loss return to carry forward: Capital Losses (set off against future capital gains) Business Losses (carried forward for up to 8 years) There is no tax payable, but filing is mandatory to claim future tax benefits. ❌ When You Cannot File Without Paying Tax You cannot skip paying tax if: You have a tax liability after TDS or advance tax You don’t pay the balance amount due before filing In such cases, your return will be marked as defective, and you may face: Penalty under Section 234F Interest under Sections 234A, 234B, and 234C Notices from the Income Tax Department 📌 EzyMoneyDeals – ITR Filing Made Easy (₹499 Only) EzyMoneyDeals offers hassle-free ITR filing for just ₹499. Their expert team handles everything from document collection to return submission. What’s Included? Document Upload: Upload your Form 16, bank statements, and salary slips Return Preparation: Experts prepare your ITR-1 using official tax data Review & Approval: You check and approve the prepared return Filing & Acknowledgment: Your ITR is filed and acknowledgment sent to you They also help you calculate and pay any tax due, if applicable. 🔗 Visit: www.ezymoneydeals.com 📝 Mandatory Requirements to Keep in Mind PAN and Aadhaar Linkage: Filing ITR online requires a valid PAN linked with Aadhaar TDS Deduction: If your employer has deducted TDS on income above ₹2.5L, filing ITR is mandatory Refund Claim: If excess tax is deducted, you must file ITR to claim your refund 🔍 Final Word Yes, you can file ITR without paying tax, but only under certain conditions. Even if your income is below the taxable limit, filing ITR helps you: Claim refunds Carry forward losses Build financial proof Stay tax-compliant So why wait? File your return now and enjoy peace of mind. 👉 Need help? Let EzyMoneyDeals handle the process for just ₹499.