https://www.taxtmi.com/acts?id=49816 Substituted sub-section (1) requires every company and any person whose total income exceeds the exemption limit to furnish a return by the prescribed due date in the prescribed form and manner. A proviso requires specified residents-occupiers of large immovable property, owners/lessees of motor vehicles (other than two wheelers), telephone subscribers, persons incurring foreign travel expenditure, non-add on credit card holders, and certain club members-to file returns even if otherwise not required, subject to exclusions by Central Government notification. The amendment mandates annual company returns, defines due-date categories, and supplies definitions for "motor vehicle" and limited exclusions for foreign travel. en-us Tue, 25 Feb 2025 14:18:57 +0530 Tue, 25 Feb 2025 14:18:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49816 Substituted sub-section (1) requires every company and any person whose total income exceeds the exemption limit to furnish a return by the prescribed due date in the prescribed form and manner. A proviso requires specified residents-occupiers of large immovable property, owners/lessees of motor vehicles (other than two wheelers), telephone subscribers, persons incurring foreign travel expenditure, non-add on credit card holders, and certain club members-to file returns even if otherwise not required, subject to exclusions by Central Government notification. The amendment mandates annual company returns, defines due-date categories, and supplies definitions for "motor vehicle" and limited exclusions for foreign travel. Act-Rules F. Acts / Amendment Acts Tue, 25 Feb 2025 14:18:57 +0530 https://www.taxtmi.com/acts?id=49816