BY Suhail Anjum Siddiqui,Advocate B.com.(Hons)LL.B(Hons.) MBA.

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Presentation transcript:

BY Suhail Anjum Siddiqui,Advocate B.com.(Hons)LL.B(Hons.) MBA

RETURN FORMS ARE PRESCIBE UNDER RULE 12 OF INCOME TAX RULE,1961

INDIVIDUAL Only Individuals Income from Salary / Pension / Income from One House Property (Barring loss brought forward from previous years) Income from Other Sources (Barring Winning from Lottery and Income from Race Horses) Only Individuals Income from Salary / Pension / Income from One House Property (Barring loss brought forward from previous years) Income from Other Sources (Barring Winning from Lottery and Income from Race Horses)

Individuals and HUF (Barring Income from Business or Profession) Individuals and HUF (Barring Income from Business or Profession)

Individual and HUF partner of Firm (Barring carrying business or profession in proprietorship) Individual and HUF partner of Firm (Barring carrying business or profession in proprietorship)

. Individual and HUF (carrying proprietary business or profession and if partner in a firm) Individual and HUF (carrying proprietary business or profession and if partner in a firm)

PRESUMPTIVE INCOME Presumptive Income

FIRM, AOP AND BOI

COMPANIES Companies (barring companies claiming exemption U/s 11 of Income Tax Act,1961) Companies (barring companies claiming exemption U/s 11 of Income Tax Act,1961)

Trust, Society, Political Party, Institutions, Hospitals, Universities and Companies Claiming Exemption U/s 11 of Income Tax Act,1961,

Knowledge and Diffusion Section SAB LAWS COMPANY G-09, Lawyers Chamber, 30 DDU Marg, Rause Avenue, New Delhi Mobile: Visit Pl: salestaxservicetax.com Knowledge and Diffusion Section SAB LAWS COMPANY G-09, Lawyers Chamber, 30 DDU Marg, Rause Avenue, New Delhi Mobile: Visit Pl: salestaxservicetax.com The Informations contains in these slides are in agreement with Income Tax Rule to enhance general awareness about Rule 12 of the Income Tax Rule,1961.