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Section49
The Finance Act, 2014

Amendment of section 139

In force Act 25 of 2014 As on 06 Oct 2026

Act 25 of 2014 Ministry Finance Cited by 1 provision

Section 49 of the Finance Act, 2014 deals with amendment of section 139. Amendment of section 139. 49. In section 139 of the Income-tax Act, with effect from the 1st day of April, 2015,— (a) | in sub-section (4C),— (i) | after clause (e), the following clauses shall be inserted, namely:— "(ea) | Mutual Fund referred to in clause (23D) of section 10;

Amendment of section 139.

49. In section 139 of the Income-tax Act, with effect from the 1st day of April, 2015,—

(a)in sub-section (4C),—
(i)after clause (e), the following clauses shall be inserted, namely:—
"(ea)Mutual Fund referred to in clause (23D) of section 10;
(eb)securitisation trust referred to in clause (23DA) of section 10;
(ec)venture capital company or venture capital fund referred to in clause (23FB) of section 10;";
(ii)after the words "or infrastructure debt fund", the words "or Mutual Fund or securitisation trust or venture capital company or venture capital fund" shall be inserted;
(b)after sub-section (4D), the following sub-section shall be inserted, namely:—
"(4E) Every business trust, which is not required to furnish return of income or loss under any other provisions of this section, shall furnish the return of its income in respect of its income or loss in every previous year and all the provisions of this Act shall, so far as may be, apply if it were a return required to be furnished under sub-section (1).".

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Section 49, The Finance Act, 2014 (Act 25 of 2014).

Cross-references

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

This section refers to

  1. s. 10 Amendment of section 24
  2. Income-tax Act s. 139 Return of income

Referred to by 1

  1. s. 20 Amendment of section 49

Questions about Section 49

What does Section 49 of the Finance Act deal with?

Section 49 of the Finance Act is headed "Amendment of section 139". Amendment of section 139. 49. In section 139 of the Income-tax Act, with effect from the 1st day of April, 2015,— (a) | in sub-section (4C),— (i) | after clause (e), the following clauses shall be inserted, namely:— "(ea) | Mutual Fund referred to in clause (23D) of section 10;

How do I find court cases under Section 49 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 2014 49, section 49 Finance Act 2014, section 49 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 49 of the Finance Act, and has it changed?

Its own text turns on section 10 (Amendment of section 24), Income-tax Act 139 (Return of income), 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 2014 as Act 25 of 2014. 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.