Income-tax return : Compulsory submission : Persons not subject to u/s 139 - S.O.507(E) - Income Tax

Income-tax return : Compulsory submission : Persons not subject to u/s 139 NOTIFICATION NO. S.O.507(E) DATED 11-6-2001 In exercise of the powers conferred by the second proviso to sub-section (1) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the following classes of persons to whom the provisions of the first proviso shall not apply, namely: ( a ) any person being a non-resident in regard to conditions specified in clauses ( i ) to ( vi ) of the first proviso; ( b ) any person being an individual who has attained sxity-five years of age but is not engaged in any business or profession during the previous year in regard to conditions specified in clause ( i ) or clause ( iii ) of the first proviso. [Notification No. 146-2001-F. No. 142-42-2001-TPL]