Amendment of section 239.
55. In section 239 of the Income-tax Act, with effect from the 1st day of September, 2019,––
(a) in sub-section (1), for the words “in the prescribed form and verified in the prescribed manner”, the words and figures “by furnishing return in accordance with the provisions of section 139” shall be substituted;
(b) sub-section (2) shall be omitted.
Notes on Clauses:
Clause 55 of the Bill seeks to amend section 239 of the Incometax Act relating to form of claim for refund and limitation.
Sub-section (1) of the said section provides that every claim of refund under Chapter XIX of the said Act shall be made in such form and verified in the such manner as may be prescribed.
It is proposed to amend the said sub-section so as to provide that every claim for refund under the said Chapter shall be made by furnishing return in accordance with the provisions of section 139.
It is further proposed to omit sub-section (2) of section 239.
These amendments will take effect from 1st September, 2019.
