Section 139 (1) is Compulsory??

for individual/HUFboi/aop only if total income is more than basic exemption limit.................for others it is compulsory

Thanks Sir

GROSS Total Income

it is not compulsary :) u can file u/s 139(4) as well :D

Can somebody kindly confirm me if the below write up on 'who should file ITR' is correct?
 
 Every individual whose total income before allowing deductions under Chapter VI-A of the Income-tax Act 1961 exceeds the maximum amount which is not chargeable to income tax is obligated to furnish his return of income  or if 1 out of the below 6 economic criteria are satisfied (irrespective of annual income) – as quoted in sec 139(1) of IT act, 1961:
Owner of a Motor vehicle
Owner of immovable property
Person who does foreign-travel
Subscribers of a telephone
Holder of a credit card
Incurs expenses on himself

Hi Priya, but  these six points has been withdrawn earlier.

Priya

139(1) had been amended vide Finance Act 2001 wef 1/04/2001, prior to its substitution sub section (1) contained the conditions mentioned by you

Hi... Sirs/Madams

Income from Photographic Activity and owning a Photographic Shop will fall under which Head...?

Originally posted by : Waris Ali
	Hi... Sirs/Madams Income from Photographic Activity and owning a Photographic Shop will fall under which Head...?

incometax is based on constitution, 

i assume that its sole proprietorship and thus the income would go in business income of individual.