TMI BlogAmendment of section 139.X X X X Extracts X X X X X X X X Extracts X X X X ..... other than a company referred to in clause (aa)" shall be inserted; (ii) after clause (a), the following clause shall be inserted, namely: "(aa) in the case of an assessee being a company, which is required to furnish a report referred to in section 92E, the 30th day of November of the assessment year;"; (b) after sub-section (1B), the following sub-section shall be inserted with effect fro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... words "or body or authority or Board or Trust or Commission or infrastructure debt fund" shall be inserted. - Clause 23 of the Bill seeks to amend section 139 of the Income-tax Act relating to return of income. Under the existing provisions contained in clause (a) of Explanation 2 to sub-section (1) of the said section, the due date for filing return of income, in the case of a company; or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in the said section 92E, the due date shall be the 30th day of November of the assessment year. This amendment will take effect retrospectively from 1st April, 2011. Under the existing provisions contained in sub-section (1) of the aforesaid section, every person, if his total income or the total income of any other person in respect of which he is assessable under the Income-tax Act during ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mum amount which is not chargeable to income-tax, furnish a return of such income of the previous year. It is proposed to amend the aforesaid sub-section to insert therein new clauses (g) and (h) in order to require that any body or authority or Board or Trust or Commission referred to in clause (46) of section 10 and infrastructure debt fund referred to in clause (47) of section 10, respective ..... X X X X Extracts X X X X X X X X Extracts X X X X
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