In the following cases relating to P.Y.2023-24, the total income of the assessee or the total income of any other person in respect of which he/she…

First alternative (i) A HUF whose total income without giving effect to, inter alia, section 54EC, exceeds the basic exemption limit, is required to file a return of its income on or before the due date under section 139 (1) . In this case, since the total income without giving effect to exemption under section 54EC is 12lakhs, exceeds the basic exemption limit, the HUF is required to file its return of income for A.Y. 2024-25 on or before the due date under section 139 (1) . (ii) If an individual has incurred expenditure exceeding 1lakh towards consumption of electricity during the previous year, he would be required to file a return of income, even if his total income does not exceed the basic exemption limit. Since Mr. Samarth has incurred expenditure of 1,20,000 in the P.Y.2023-24 towards consumption of electricity, he has to file his return of income for A.Y. 2024-25 on or before the due date under section 139 (1) .