ITR filing rules for zero-tax individuals explained

An individual must file ITR if income from all sources exceeds the basic exemption limit.

The basic exemption limit for individuals below 60 years is ₹2.5 lakh under the old regime and ₹3 lakh under the new regime for FY 2025-26.

A 55-year-old with income below the exemption limit after Section 87A rebate is not required to file ITR.

Filing ITR voluntarily is advisable to create a record of zero income and avoid future scrutiny.

ITR filing may still be required if the individual has assets abroad or claims a refund.