Returns of income below taxable limit-Whether such returns are to be accepted at the Receipt Counters

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....ble limit-Whether such returns are to be accepted at the Receipt Counters. Attention is invited to Instruction No. 1744 dated 21-1-1987 and 1765 dated 25-6-1987 in which Board have clarified that returns of income for the assessment year 1986-87 and subsequent years which are below taxable limit, should not be acted upon unless covered under the exceptions contained in the proviso to sub-section ....

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....ocedure. In this background, I am directed to draw your attention to the forms of returns of income prescribed under the Rules and to say that there are specific columns in the return forms clearly indicating whether the return falls under any of the exceptions contained in the proviso to section 139(10) or not. For instance, columns (iii), (iv), (v) & (vi) of Form No. 2 correspond to the exceptio....