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<h1>CBDT Notification: Mandatory Income Tax Filing for Large Urban Properties u/s 139 of Income-tax Act, 1961.</h1> Notification No. 409(E) dated 10-5-2001, issued by the Central Board of Direct Taxes, mandates the filing of income tax returns under section 139 of the Income-tax Act, 1961, for specific immovable properties. These include residential properties, excluding huts and kutcha dwellings, with a floor area of 2,000 sq. ft. or more, and commercial properties with a floor area of 300 sq. ft. or more. This applies to urban areas as defined by the 1991 Census of India, excluding those specified in earlier notifications. Criteria for urban areas include a minimum population of 5,000, specific male employment rates, and population density.