Returns below taxable limit deemed never furnished; directed not to be acted upon and removed from pendency. Section 139(10) deems returns showing income below the non-taxable threshold to be never furnished, except where proviso exceptions apply; such returns ... Summary
Returns below taxable limit deemed never furnished; directed not to be acted upon and removed from pendency.
Section 139(10) deems returns showing income below the non-taxable threshold to be never furnished, except where proviso exceptions apply; such returns filed on or after the operative date must not be acted upon, must be publicised as invalid for processing, and must be removed from Monthly Progress Reports and the Income-tax Officer's Control Register (Blue Book).
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