Part DCASafe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC )
Return filing conditions for specified taxpayers based on turnover, receipts, tax deduction, and bank deposit thresholds. Prescribes the conditions for furnishing a return of income by persons covered by clause (b) of sub-section (1) of section 139. A return is required where ... Summary
Return filing conditions for specified taxpayers based on turnover, receipts, tax deduction, and bank deposit thresholds.
Prescribes the conditions for furnishing a return of income by persons covered by clause (b) of sub-section (1) of section 139. A return is required where business sales, turnover or gross receipts exceed sixty lakh rupees, professional gross receipts exceed ten lakh rupees, aggregate TDS and TCS is twenty-five thousand rupees or more, or aggregate savings bank deposits reach fifty lakh rupees or more. For an individual resident in India aged sixty years or more, the TDS/TCS threshold is fifty thousand rupees.
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