09 March 2015
TIME LIMIT FOR FILLING RETURN OF INCOME [ SECTION 139(1)]
1. Salaried Employees July,31
2. Business Class - Non-company Assessee a)Whose accounts need NOT be compulsorily audited July,31 b)Whose accounts required to be compusorily audited 3. Co-operative Societies 4. Trust/Charitable Institutions claiming exemption u/s11 5. Companies September, 30
If an individual is carrying on business and his turnover is not exceeding 1 crore he may opt for declaring his profit not less than 8% on presumptive basis u/s 44AD.