With respect to the filing of an individual income tax$$ return, which of the following statements is NOT$$ correct?

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Part $1$

A$.$

An individual is required to file an income tax return if there is an amount of income tax owed for the year.

B$.$

An individual is required to file an income tax return if they sold their principal residence in the year even if no part of the gain was taxable and even when there is no amount of income tax owed for the year.

C$.$

An individual is required to file an income tax return if their only source of income is business$$ income, even if there is no income tax owed for the year.

D$.$

If an individual has disposed of a capital property during the year and realized a capital$$ loss, an income tax return must be filed even if there is no income tax owed for the year.