Advanced LevellegalSingle Choice

Should teens file income tax returns even if income is below taxable limit?

Answer Options:

A

Never file ITR if income is below tax threshold

B

ITR filing is optional for everyone

C

Yes, creates financial record, helps in loans and visa applications

D

Only file ITR if government asks you to

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Question Statistics

1
Times Attempted
100%
Success Rate
#160
Question ID

Ready to Test Your Financial Knowledge?

This question is part of our comprehensive financial literacy quizzes designed for Indian teens.