Subsections of Section 139 of Income Tax Section 139 consists of various subsections which deal with different types of Income tax returns. These subsections are as follows: Section 139(1) – Mandatory and Voluntary Returns Section 139(1) deals with the mandatory and voluntary filing of income tax returns by the taxpayer: Mandatory Return The following taxpayers are required to file a mandatory income tax return are listed below: Any private, public, foreign, domestic company. Any Limited Liability Partnership (LLP) and unlimited liability partnership. Any total individual income is exceeding the exemption limit. Voluntary Return If the filing of income tax return is not mandatory for an individual, then the income tax filed by that individual will be termed as a voluntary return. Voluntary returns are also considered as valid returns of income tax. Taxpayers should note that within the meaning of Section 139(1c), the notified categories of people are exempted from filing in...