Section62
The Finance Act, 1999

Amendment of section 139

In force As on 14 Oct 2026

Ministry Finance

Section 62 of the Finance Act, 1999 deals with amendment of section 139. Amendment of section 139. 62. In section 139 of the Income-tax Act, with effect from the 1st day of June, 1999,— (a ) in sub-section (1), in the first proviso, in clause ( ii), for the words "motor vehicle", the words "motor vehicle other than a two-wheeled motor vehicle, whether having any detachab

Amendment of section 139.

62. In section 139 of the Income-tax Act, with effect from the 1st day of June, 1999,—

(a ) in sub-section (1), in the first proviso, in clause ( ii), for the words "motor vehicle", the words "motor vehicle other than a two-wheeled motor vehicle, whether having any detachable side car having extra wheel attached to such two-wheeled motor vehicle or not" shall be substituted;

(b ) in sub-section (6), for the words "and value and belonging to him", the words ", value and belonging to him, his bank account and credit card held by him" shall be substituted.

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Section 62, The Finance Act, 1999.

Cross-references

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

Questions about Section 62

What does Section 62 of the Finance Act deal with?

Section 62 of the Finance Act is headed "Amendment of section 139". Amendment of section 139. 62. In section 139 of the Income-tax Act, with effect from the 1st day of June, 1999,— (a ) in sub-section (1), in the first proviso, in clause ( ii), for the words "motor vehicle", the words "motor vehicle other than a two-wheeled motor vehicle, whether having any detachab

How do I find court cases under Section 62 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 1999 62, section 62 Finance Act 1999, section 62 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 62 of the Finance Act, and has it changed?

Its own text turns on section 139 (Amendment of section 76 of Act 21 of 1998), Income-tax Act 139 (Return of income), so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 1999. 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

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.