Filing of return

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Dhruv Gaglani (Querist)

14 January 2012 In clause b of Explanation 2 to the Section 139(1), it states that due date of filing return is 31st October for person other than a company referred in first proviso of S. 139(1).

Can you enlighten me as to who are the persons covered under this clause?

The Explanation 2 is quoted here under for reference:

"Explanation 2.-In this sub-section, "due date" means,-

(a) where the assessee is-

(i) a company other than a company referred to in clause (aa);, or

(ii) a person (other than a company) whose accounts are required to be audited under this Act or under any other law for the time being in force; or

(iii) a working partner of a firm whose accounts are required to be audited under this Act or under any other law for the time being in force,

the 30th day of September of the Assessment Year;

(aa) in the case of an assessee being a company, which is required to furnish a report referred to in section 92E, the 30th day of November of the assessment year

(b) in the case of a person other than a company, referred to in the first proviso to this sub-section, the 31st day of October of the assessment year;

(c) in the case of any other assessee, the 31st day of July of the assessment year."

CA PARAS BAFNA

CA PARAS BAFNA (Expert)

14 January 2012 Earlier there was " 1 by 6" scheme. The persons covered in the scheme hane been listed there under the first proviso. 31st October has been referred for such persons only. The scheme was applicable upto 31.03.2005 (Last AY 2005-06).
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In the present context this date does not have much relevance.
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