TMI BlogSection 139 of the Income-tax Act, 1961 - Return of Income - Exemption to specified persons from requirement of furnishing a return of income under section 139(1) for assessment year 2012-13.X X X X Extracts X X X X X X X X Extracts X X X X ..... ion (IC) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby exempts the following class of persons, subject to the conditions specified hereinafter, from the requirement of furnishing a return of income under sub-section (1) of section 139 for the assessment year 2012-13, namely:- 1. Class of persons. -An individual whose total income for the relevant ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y for the assessment year through tax deduction at source and its deposit by the employer to the Central Government; ( v ) has no claim of refund of taxes due to him for the income of the assessment year, and ( vi ) has received salary from only one employer for the assessment year. 3. The exemption from the requirement of furnishing a return of income tax shall not be available where a n ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
