Clarifications with respect to Sec.139(10).

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....owing the total income below the maximum amount which is not chargeable to tax shall be deemed never to have been furnished. The proviso to this sub-section enumerates the circumstances in which a return of income below the taxable limit shall not be treated as nonest. This provision is deemed to have been inserted with effect from 1-4-1986. 2. The Board have examined the issue which are likely t....