Section 47 - Amendment of section 142 - Direct Tax Laws (Amendment) Act, 1987

47. Amendment of section 142. In section 142 of the Income-tax Act, in sub-section (1),- (a) in the opening paragraph, for the words, brackets and figures or to whom a notice has been issued under sub-section (2) of section 139 (whether a return has been made or not) , the words, brackets and figure or in whose case the time allowed under sub-section (1) of that section for furnishing the return has expired shall be substituted; (b) clauses (i) and (ii) shall be re-numbered as clauses (ii) and (iii) thereof respectively, and before clause (ii) as so re-numbered, the following clause shall be inserted, namely :- (i) where such person has not made a return before the end of the relevant assessment year, to furnish a return of his income or the income of any other person in respect of which he is assessable under this Act, in the prescribed form and verified in the prescribed manner and setting forth such other particulars as may be prescribed, or .