Para 4 - Types of returns to be received - Scheme for Bulk Filing of Returns by Salaried Employees, 2002

Types of returns to be received. 4. (1) The Scheme shall be applicable to employees whose total income does not include any income chargeable to income-tax under the head "Profits and gains of business or profession". (2) Following types of returns shall not be furnished under this Scheme— (i) Return of income for any assessment year other than the assessment year for which he is required to furnish the return of income under sub-section (1) of section 139 during the current financial year; (ii) Return of income where no PAN or incorrect PAN of the employee has been quoted; (iii) Return of income under section 158BC of the In come-tax Act and returns of any assessment year where the previ ous year falls within the block period; (iv) Return of an employee having more than one employer during the previous year for which the return is being furnished; (v) Return of employee who is not in receipt of his salary from the "eligible employer" as on the last day of the previous year, for which the return is being furnished; and (vi) A revised return of income under sub-section (5) of section 139 of the Income-tax Act : Provided that an employee having filed his return of income for a year under this Scheme, may furnish a revised return of income under sub-section (5) of section 139 of the Act before the Assessing Officer.