Contact us   Feedback   Annual Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Amendment of section 139

Section 35 - DIRECT TAXES - Income-tax - Finance Act - Section 35 - 35. In section 139 of the Income-tax Act, with effect from the 1st day of April, 2016,- (I). in sub-section (1),- (A) for fourth proviso, the following privisos shall be substituted, namely:- Provided also that a person, being a resident other than not ordinarily resident in India within the meaning of clause (6) of section 6, who is not required to furnish a return under this sub-section and who at any time during the previous .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

y be prescribed: Provided also that nothing contained in the fourth proviso shall apply to an individual, being a beneficiary of any asset (including any financial interest in any entity) located outside India where, income, if any, arising from such asset is includible in the income of the person referred to in clause (a) of that proviso in accordance with the provisions of this Act: ; (B) after Explanation 3, the following Explanations shall be inserted, namely:- Explanation 4. - For the purpo .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version