{"act":{"id":"finance-act-2021","short_title":"The Finance Act, 2021","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2021-2022.","act_number":null,"act_year":2021,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":180,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2021/"},"unit":"section","section":{"number":"37","heading":"Amendment of section 139","text":"Amendment of section 139. 37. In section 139 of the Income-tax Act,— (a) | in sub-section (1), in Explanation 2,— (i) | in clause (a), in sub-clause (iii), after the words \"any other law for the time being in force\", the words, figure and letter \"or the spouse of such partner if the provisions of section 5A applies to such spouse\" shall be inserted; (ii) | in clause (aa), after the words \"an assessee\", the words \", including the partners of the firm or the spouse of such partner (if the provisions of section 5A applies to such spouse) being such assessee,\" shall be inserted; (b) | in sub-section (4), for the words \"return for any previous year at any time before\", the words \"return for any previous year at any time before three months prior to\" shall be substituted; (c) | in sub-section (5), for the words \"before the end\", the words \"before three months prior to the end\" shall be substituted; (d) | in sub-section (9), in the Explanation, the following proviso shall be inserted, namely:— \"Provided that the Board may, by notification in the Official Gazette, specify that any of the conditions specified in clauses (a) to (f) to the Explanation shall not apply to such class of assessees or shall apply with such modifications, as may be specified in such notification.\".","html":"<p><b>Amendment of section 139.</b></p><p><b>37.</b> In section 139 of the Income-tax Act,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>in sub-section (1), in <i>Explanation 2</i>,—</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>in clause (<i>a</i>), in sub-clause (<i>iii</i>), after the words \"any other law for the time being in force\", the words, figure and letter \"or the spouse of such partner if the provisions of section 5A applies to such spouse\" shall be inserted;</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>in clause (<i>aa</i>), after the words \"an assessee\", the words \", including the partners of the firm or the spouse of such partner (if the provisions of section 5A applies to such spouse) being such assessee,\" shall be inserted;</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>b</i>)</td><td></td><td>in sub-section (4), for the words \"return for any previous year at any time before\", the words \"return for any previous year at any time before three months prior to\" shall be substituted;</td></tr><tr><td>(<i>c</i>)</td><td></td><td>in sub-section (5), for the words \"before the end\", the words \"before three months prior to the end\" shall be substituted;</td></tr><tr><td>(<i>d</i>)</td><td></td><td>in sub-section (9), in the <i>Explanation</i>, the following proviso shall be inserted, namely:—</td></tr><tr><td></td><td></td><td>\"<b>Provided</b> that the Board may, by notification in the Official Gazette, specify that any of the conditions specified in clauses (<i>a</i>) to (<i>f</i>) to the <i>Explanation</i> shall not apply to such class of assessees or shall apply with such modifications, as may be specified in such notification.\".</td></tr></table></div>","words":225,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2021/section/37/","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."}