What's a nil return? A nil income tax return is filed to show the Income Tax Department that you fall below the taxable income and therefore did not pay taxes during the year.

What is nil return in ITR?

As a result, a nil return is an income tax return with a tax liability of "Zero or nil." The term "filing a nil return" refers to notifying the tax department that a taxpayer does not have any taxable income for a given fiscal year. When and who needs to file it? You can file a nil return to claim tax refund.

How do I respond to an nil return?

If a program returns nil, a routine provides an answer, but the answer is 'nothing' or 'zero'. Also, this can mean a tax return that is completed with all values as 'zero'.