It return
This query is : Resolved
21 December 2015
which of the person require to file IT return?
22 December 2015
Refer Section 139(1) of Income Tax Act 1961.
(1) Every person,—
(a) being a company or a firm; or
(b) being a person other than a company or a firm, if his total income or the total income of any other person in respect of which he is assessable under this Act during the previous year exceeded the maximum amount which is not chargeable to income-tax,
shall, on or before the due date, furnish a return of his income or the income of such other person during the previous year, in the prescribed form and verified in the prescribed manner and setting forth such other particulars as may be prescribed.
Refer complete provision from: https://www.incometaxindia.gov.in/Pages/acts/income-tax-act.aspx
(1) Every person,—
(a) being a company or a firm; or
(b) being a person other than a company or a firm, if his total income or the total income of any other person in respect of which he is assessable under this Act during the previous year exceeded the maximum amount which is not chargeable to income-tax,
shall, on or before the due date, furnish a return of his income or the income of such other person during the previous year, in the prescribed form and verified in the prescribed manner and setting forth such other particulars as may be prescribed.
Refer complete provision from: https://www.incometaxindia.gov.in/Pages/acts/income-tax-act.aspx
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