eCourtsIndia
IndiaCode Laws
Section18
The Finance Act, 1968

Amendment of section 239

In force Act 19 of 1968 As on 17 Oct 2026

Act 19 of 1968 Ministry Finance Enacted 11 May 1968 Cited by 1 provision

Section 18 of the Finance Act, 1968 deals with amendment of section 239. Amendment of section 239 18. In section 239 of the Income-tax Act, for sub-section (2), the following sub-section shall be substituted, namely:— "(2) No such claim shall be allowed, unless it is made within the period specified hereunder, namely:— (a) where the claim is in respect of income which is The Act was enacted on 11 May 1968.

Amendment of section 239

18. In section 239 of the Income-tax Act, for sub-section (2), the following sub-section shall be substituted, namely:—

"(2) No such claim shall be allowed, unless it is made within the period specified hereunder, namely:—

(a) where the claim is in respect of income which is assessable for any assessment year commencing on or before the 1st day of April, 1967, four years from the last day of such assessment year;

(b) where the claim is in respect of income which is assessable for the assessment year commencing on the 1st day of April, 1968, three years from the last day of the assessment year;

(c) where the claim is in respect of income which is assessable for any other assessment year, two years from the last day of such assessment year.".

[Finance Act, 1968]

© Copyright. Taxmann Publications Pvt. Ltd.

Section 18, The Finance Act, 1968 (Act 19 of 1968).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. Income-tax Act s. 239 Form of claim for refund and limitation

Referred to by 1

  1. s. 32 Amendment of Act 27 of 1957

Questions about Section 18

What does Section 18 of the Finance Act deal with?

Section 18 of the Finance Act is headed "Amendment of section 239". Amendment of section 239 18. In section 239 of the Income-tax Act, for sub-section (2), the following sub-section shall be substituted, namely:— "(2) No such claim shall be allowed, unless it is made within the period specified hereunder, namely:— (a) where the claim is in respect of income which is

How do I find court cases under Section 18 of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 1968 18, section 18 Finance Act 1968, section 18 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 18 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 239 (Form of claim for refund and limitation), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was Section 18 of the Finance Act enacted?

Section 18 of the Finance Act, cited as Finance Act 1968 18, was enacted on 11 May 1968 as Act 19 of 1968. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. 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. This page is not a substitute for legal advice.