CBDT has notified additional conditions u/s 139(1) for compulsory return filing under following situations:
👉🏿 Turnover from business exceeds Rs 60 lacs
👉🏿 Gross receipts from Profession exceeds Rs 10 lacs
👉🏿 TDS/TCS exceeds Rs 25000
👉🏿 Deposit in Savings bank account is Rs 50 lacs or more
Copy of the notification is attached herewith.
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