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of <h1>Income Tax Returns Filed Early Are Valid, Not Invalid, u/s 139(1) of the Income-tax Act, 1961.</h1> A return of income filed by an assessee before the commencement of the assessment year is not considered invalid under the Income-tax Act, 1961. According to section 139(1), there is no restriction on filing a return before the due date, even if it occurs before the accounting period closes. Such a return may be incomplete but not invalid. If the return is deemed incomplete, corrective measures under section 139(9) can be applied. These instructions should be communicated to the relevant Income-tax Officers.
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