Section 264 — Scheme for submission of returns through tax return preparers

(1) The Board may make a Scheme for furnishing returns of income through
a tax return preparer and such Scheme shall be notified, which—
( a) may enable any specified class or classes of persons in preparing and
furnishing returns of income through a tax return preparer authorised
to act as such under the Scheme;
(b) may be made irrespective of provisions of section 263.
(2) For the purpose of this section,—
( a) “tax return preparer” means any individual, not being a person referred
to in section 515(3)(a)(ii) or an employee of the “specified class or class-
es of persons”, who has been authorised to act as a tax return preparer
under the Scheme made under this section;
( b) “specified class or classes of persons” means any person, other than a
company or a person, whose accounts are required to be audited under
section 63 or under any other law, who is required to furnish a return of
income under this Act.
(3) Every notification for the Scheme referred to in sub-section (1) shall be issued
as per section 534 of this Act.