India - Income Tax Act 2010 - Saarc

S. 139 I.T. ACT, 1961 1.640Provided that a person referred to in clause (b), who is not required to furnish areturn under this sub-section and residing in such area as may be specified bythe Board in this behalf by notification 3 in the Official Gazette, and who 4 [duringthe previous year incurs an expenditure of fifty thousand rupees or moretowards consumption of electricity or] at any time during the previous yearfulfils any one of the following conditions, namely :—(Contd. from p. 1.639)ITR3ITR4ITR5ITR6ITR7ITR8(c) in the case of a person being an individual or a Hindu undivided familywho is a partner in a firm and where income chargeable to income-taxunder the head “Profits or gains of business or profession” does notinclude any income except the income by way of any interest, salary,bonus, commission or remuneration, by whatever name called, due to, orreceived by him from such firm,(d) in the case of a person being an individual or a Hindu undivided familyother than the individual or Hindu undivided family referred to in (a) or(b) or (c) and deriving income from a proprietary business or profession,(e) in the case of a person not being an individual or a Hindu undivided familyor a company or a person to which (g) applies,(f) in the case of a company not being a company to which (g) applies,(g) in the case of a person including a company whether or not registeredunder section 25 of the Companies Act, 1956, required to file a returnunder sub-section (4A) or sub-section (4B) or sub-section (4C) or subsection(4D) of section 139,(h) in the case of a person who is not required to furnish the return of incomebut is required to furnish the return of fringe benefits.Note 1. The return of income and return of fringe benefits required to be furnished in FormNo. ITR-1 or Form No. ITR-2 or Form No. ITR-3 or Form No. ITR-4 or Form No. ITR-5 orForm No. ITR-6 or Form No. ITR-8 shall not be accompanied by a statement showing thecomputation of the tax payable on the basis of the return, or proof of the tax, if any, claimedto have been deducted or collected at source or the advance tax or tax on self-assessment,if any, claimed to have been paid or any document or copy of any account or Form orreport of audit required to be attached with the return of income or the return of fringebenefits under any of the provisions of the Act.2. The return of income or return of fringe benefits may be furnished in any of thefollowing manners, namely:—(i) furnishing the return in a paper form;(ii) furnishing the return electronically under digital signature;(iii) transmitting the data in the return electronically and thereafter submitting theverification of the return in Form ITR-V;(iv) furnishing a bar-coded return in a paper form:However,(a) a firm required to furnish the return in Form ITR-5 and to whom provisions ofsection 44AB are applicable or a company required to furnish the return in FormITR-6 shall furnish the return in the manner specified in (ii) or (iii) above(b) a person required to furnish the return in Form ITR-7 shall furnish the return in themanner specified in (i) above.3. For notified areas, see Taxmann’s Direct Taxes Circulars. See also Circular No. 10/2001,dated 19-7-2001.4. Inserted by the Finance Act, 2005, w.e.f. 1-4-2006.