Understanding Different Income Tax Filling Sections – Tax Goal

It is necessary for the taxpayer to file their online income tax return filing before the due date to avoid penalty. The Income tax department implies following of certain penal provisions for non-filling or delayed filing of returns by the taxpayer. A taxpayer is also required to file a revised return as guided under different sections due to mistakes made in the current filing. Also, in certain cases, the tax department issues a notice of further inquiry to the taxpayer for submission of response.

All above situations guides for filling of return and submission of a response to the tax department by the taxpayer based on different tax sections. This article provides a summarized view of the different return filling sections implied on the taxpayer while filling tax return to government.

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Section 139

The section guides for filling of income tax return by the taxpayer before the due date and specifies for penalties in case of non –filling or delayed filling.

Section 139 (1): For mandatory (for LLP/Public, Private or Foreign or domestic company)/Income above exemption limit) or voluntary filling ( for Individual) of return by the taxpayer.

Section 139 (3): For filling of return by the taxpayer for Set off or Carry forward of losses to subsequent year incomes.

Section 139(4): For filling of return after the due date by the taxpayer along with penalty.

Section 139(4a): For filling of return by any Charitable or Religious trust.

Section 139 (4b): For filling of return by a political party.

Section 139 (4C & 4D) : For filling of return by special institutions claiming benefits under Section 10.

Section 139 (4E): For filling of return by business trusts not for specifying profit or loss but on certain exceptional situations.

Section 139(5): For filling of revised return by the taxpayer in case of mistakes made in the original return by the taxpayer.

Section 139(9): For filling of return against a defective return. Defective in case, all required documents failed to be uploaded with the return.

Section 142(1) The section guides for filing of return by the taxpayer in case of notice issued by the assessing officer in case of non-filing of return.

Section 148 For filling of return assessing and informing about some income source left to be taxed.

Section 153A For filling of return by the taxpayer against notice of the assessing tax officer in case of any search or requisition conducted.

Section 92CD For filling of return in case of advance pricing agreement signed and related terms entered as per Section 92CC.

Section 119(2)(B) For allowing taxpayers to file a return for claiming a required exemption, deduction or refund even after expiry of the specified time period.

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