TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Amendment to Section 139: New Notice Issuance Protocol and Expanded Return Form Requirements for Business Assessees</h1> Section 139 of the Income-tax Act, 1961, is amended by the Taxation Laws (Amendment) Act, 1975. In sub-section (2), the phrase 'serve a notice upon him' is replaced with 'issue a notice to him and serve the same upon him.' Sub-section (6) is revised to require the prescribed return forms to include details on tax-exempt income, specified assets, and expenditures beyond certain limits. Sub-section (6A) adds that for business or professional assessees, the forms must also include details about business locations, partners, and profit-sharing arrangements.
TaxTMI 
TaxTMI 
