WebSection 119 (2) (b) of the Income tax Act gives powers to the Central Board of Direct Taxes if it considers it desirable or expedient so to do for avoiding genuine hardship in any case or class of cases, by general or special order, authorise [any income-tax authority, other than the Commissioner (Appeals)] to admit an application or claim for … WebApr 19, 2024 · While Section 92CC deals with all conditions of setting up an APA, Section 92CD sets up requirements for filing modified Income Tax Returns (ITR). Any person …
Updated Return u/s 139(8A) - TaxGuru
WebJun 25, 2016 · Section 92CD provides that irrespective of section 139, where any person has entered into an advance pricing agreement and before entering such agreement,has … WebNov 30, 2024 · An income tax return filed pursuant to such a notice issued by the Assessing Officer will be covered under this option. Return Filed Under Section 92CD A modified … high waisted jeans with a t-shirt
Return to be Filed under which Section? – Income Tax
WebFeb 2, 2024 · Penalty on Filing ITR U – Pay Additional Tax under Section 140B of the Income Tax Act The taxpayer filing an Updated Return must also submit proof of payment of tax and penalty as per Section 140B of the Income Tax Act. ITR U can not be filled without payment of additional taxes. Case 1: Not filed ITR earlier For the purposes of this section,— (i) “agreement” means an agreement referred to in sub-section (1) of section 92CC; (ii) the assessment or reassessment proceedings for an assessment year shall be deemed to have been completed where— 1. (a) an assessment or reassessment order has been passed; or 2. (b) no … See more Notwithstanding anything to the contrary contained in section 139, where any person has entered into an agreement and prior to the date of entering into the agreement, any return of income has been furnished under the … See more Where the assessment or reassessment proceedings for an assessment year relevant to the previous year to which the agreement applies are … See more Save as otherwise provided in this section, all other provisions of this Act shall apply accordingly as if the modified return is a return furnished under section 139. See more If the assessment or reassessment proceedings for an assessment year relevant to a previous year to which the agreement applies have been completed before the expiry of … See more WebJul 13, 2024 · U/s 92CD – Modified Return 139 (1) – Original Return 139 (5) – Revised Return Now Select ITR Type Download the selected ITR out of 2 following options: – Offline … high waisted jeans with attached underwear