https://www.taxtmi.com/acts?id=51792 Filing of return of income is mandatory for specified classes of assessees, including companies, firms, persons crossing the basic exemption limit, specified entities, persons carrying forward losses, and residents with foreign assets or signing authority in foreign accounts, with different due dates prescribed for audited and non-audited cases. The Board may prescribe the form, verification, electronic filing requirements, and additional particulars such as exempt income, foreign assets, bank accounts, expenditure, audit reports, and business or partner details, while the Central Government may exempt classes of persons from filing. The section also provides for belated, revised, and updated returns, subject to detailed time limits and restrictions, and treats non-conforming returns as defective unless rectified within the allowed period. en-us Thu, 14 Aug 2025 12:14:12 +0530 Mon, 06 Apr 2026 11:12:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51792 Filing of return of income is mandatory for specified classes of assessees, including companies, firms, persons crossing the basic exemption limit, specified entities, persons carrying forward losses, and residents with foreign assets or signing authority in foreign accounts, with different due dates prescribed for audited and non-audited cases. The Board may prescribe the form, verification, electronic filing requirements, and additional particulars such as exempt income, foreign assets, bank accounts, expenditure, audit reports, and business or partner details, while the Central Government may exempt classes of persons from filing. The section also provides for belated, revised, and updated returns, subject to detailed time limits and restrictions, and treats non-conforming returns as defective unless rectified within the allowed period. Act-Rules Income Tax Thu, 14 Aug 2025 12:14:12 +0530 https://www.taxtmi.com/acts?id=51792