Applicability of Section 139(10) clarified: returns below taxable limit valid only for the initial and subsequent assessment years. Clarification concerns the applicability of Section 139(10): returns filed below the taxable limit on or after 1 April 1986 are to be treated as invalid except for proviso based exceptions, and the provision applies to the assessment year 1986-87 and subsequent assessment years; officers are to be informed for implementation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Applicability of Section 139(10) clarified: returns below taxable limit valid only for the initial and subsequent assessment years.
Clarification concerns the applicability of Section 139(10): returns filed below the taxable limit on or after 1 April 1986 are to be treated as invalid except for proviso based exceptions, and the provision applies to the assessment year 1986-87 and subsequent assessment years; officers are to be informed for implementation.
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