{"act":{"id":"finance-act-2005","short_title":"The Finance Act, 2005","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2005-2006.","act_number":"18","act_year":2005,"enact_date":"2005-05-13","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":70,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2005/"},"unit":"section","section":{"number":"41","heading":"Amendment of section 139A","text":"Amendment of section 139A. 41. In section 139A of the Income-tax Act, in sub-section (1), with effect from the 1st day of April, 2006, — (a ) in clause (iii), for the words, brackets, figures and letter \"sub-section (4A) of section 139\", the following shall be substituted, namely:— \"sub-section (4A) of section 139; or (iv)  being an employer, who is required to furnish a return of fringe benefits under section 115WD,\"; (b ) in sub-section (7), the following Explanation shall be inserted, namely :— \"Explanation. —For the removal of doubts, it is hereby declared that any person, who has been allotted a permanent account number under any clause other than clause (iv)  of sub-section (1), shall not be required to obtain another permanent account number and the permanent account number already allotted to him shall be deemed to be the permanent account number in relation to fringe benefit tax.\". © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 139A.</b></p><p><b>41. </b>In section 139A of the Income-tax Act, in sub-section (1), with effect from the 1st day of April, 2006, —</p><p>(<i>a</i> ) in clause (<i>iii</i>), for the words, brackets, figures and letter \"sub-section (4A)<i> </i>of section 139\", the following shall be substituted, namely:—</p><p>\"sub-section (4A)<i> </i>of section 139; or</p><p>(<i>iv</i>) <i> </i>being an employer, who is required to furnish a return of fringe benefits under section 115WD,\";</p><p>(<i>b</i> )<i> </i>in sub-section (7), the following <i>Explanation </i>shall be inserted, namely :—</p><p><i> \"Explanation.</i> —For the removal of doubts, it is hereby declared that any person, who has been allotted a permanent account number under any clause other than clause (<i>iv</i>) <i> </i>of sub-section (1), shall not be required to obtain another permanent account number and the permanent account number already allotted to him shall be deemed to be the permanent account number in relation to fringe benefit tax.\".</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":155,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2005/section/41/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}