The filing of income tax return is a legal obligation of every person whose total income during the previous year exceeds the maximum amount which is not chargeable to income tax under the provisions of I.T. Act, 1961. The return should be furnished in the prescribed form on or before the due date(s). At present, there is an emphasis on self compliance on the part Section 139(1) of Income Tax Act, 1961.
Posted on: Tue, 24 Jun 2014 17:03:41 +0000
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