https://www.taxtmi.com/acts?id=46298 The amendment shortens the return-filing period to four months, allows the Income-tax Officer to extend the return date on application while preserving interest liability under subsection (8), introduces subsection (4A) obliging representative assessees of trust or voluntary contribution income to file prescribed returns when assessable income (computed without sections 11 and 12) exceeds the exemption threshold, and revises subsection (8)(a) to charge interest on tax where returns under subsections (1), (2) or (4) are late or not filed regardless of extensions, with limited reduction or waiver power for the Officer; "specified date" is defined for business/profession and other assessees. en-us Wed, 18 Dec 2024 11:36:16 +0530 Wed, 18 Dec 2024 11:36:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46298 The amendment shortens the return-filing period to four months, allows the Income-tax Officer to extend the return date on application while preserving interest liability under subsection (8), introduces subsection (4A) obliging representative assessees of trust or voluntary contribution income to file prescribed returns when assessable income (computed without sections 11 and 12) exceeds the exemption threshold, and revises subsection (8)(a) to charge interest on tax where returns under subsections (1), (2) or (4) are late or not filed regardless of extensions, with limited reduction or waiver power for the Officer; "specified date" is defined for business/profession and other assessees. Act-Rules F. Acts / Amendment Acts Wed, 18 Dec 2024 11:36:16 +0530 https://www.taxtmi.com/acts?id=46298