Substitution of new section for section 206

In force Act 11 of 1987 As on 16 Oct 2026

Act 11 of 1987 Ministry Finance Cited by 1 provision

Section 56 of the Finance Act, 1987 deals with substitution of new section for section 206. Substitution of new section for section 206 56.

Substitution of new section for section 206
56. For section 206 of the Income-tax Act, the following section shall be substituted with effect from the 1st day of June, 1987, namely:—
Persons deducting tax to furnish prescribed returns
"206. The prescribed person in the case of every office of Government, the principal officer in the case of every company, the prescribed person in the case of every local authority or other public body or association, every private employer and every other person responsible for deducting tax under the foregoing provisions of this Chapter shall prepare, within the prescribed time after the end of each financial year, and deliver or cause to be delivered to the prescribed income-tax authority, such returns in such form and verified in such manner and setting forth such particulars as may be prescribed.".
[Finance Act, 1987]
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Section 56, The Finance Act, 1987 (Act 11 of 1987).

Cross-references

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

This section refers to

Income-tax Act s. 206 Persons deducting tax to furnish prescribed returns

Referred to by 1

s. 26 Amendment of section 56

Questions about Section 56

What does Section 56 of the Finance Act deal with?

Section 56 of the Finance Act is headed "Substitution of new section for section 206". Substitution of new section for section 206 56.

How do I find court cases under Section 56 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 1987 56, section 56 Finance Act 1987, section 56 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 56 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 206 (Persons deducting tax to furnish prescribed returns), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was the Finance Act enacted?

Finance Act was enacted in 1987 as Act 11 of 1987. India Code records no commencement date for it. It is in force as at the date shown on this page.

Other sections of this Act

First Schedule. First Schedule6061 words
2. Income-tax1675 words
32. Amendment of section 80C1059 words
24. Insertion of new section 54G901 words
59. Insertion of new sections 245BA to 245BD752 words
79. Insertion of new sections 22BA to 22BD748 words

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