Returns

(1) Every person liable to pay tax under this Act shall submit to the assessing authority a return in such form and within such time as may be prescribed: Provided that a person in respect of whom the tax has been deducted under the provisions of section 12 shall, subject to the provisions in sub-section (3) thereof, be exempted from the liability to submit a return under this sub-section. (2) In the case of any person who has not furnished a return under sub-section (1) in spite of his ability to pay tax under his Act for any financial year, the assessing authority may serve in that year a notice, in the prescribed form, or such person requiring him to furnish the returns and such person shall thereupon furnish the return within the period specified in the notice: Provided that any person offering to pay tax at the highest rate specified in the Schedule shall not be required to submit any return or to produce any evidence.