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Section67
The Finance Act, 2016

Amendment of section 139

In force As on 10 Oct 2026

Ministry Finance Enacted 27 Jun 2016 Cited by 1 provision

Section 67 of the Finance Act, 2016 deals with amendment of section 139. Amendment of section 139. 67. In section 139 of the Income-tax Act,— (i) | in sub-section (1), in the sixth proviso, for the words, figures and letter "provisions of section 10A", the words, brackets, figures and letter "provisions of clause (38) of section 10 or section 10A" shall be substituted wi The Act was enacted on 27 Jun 2016.

Amendment of section 139.

67. In section 139 of the Income-tax Act,—

(i)in sub-section (1), in the sixth proviso, for the words, figures and letter "provisions of section 10A", the words, brackets, figures and letter "provisions of clause (38) of section 10 or section 10A" shall be substituted with effect from the 1st day of April, 2017;
(ii)in sub-section (3), after the words, brackets and figures "sub-section (2) of section 73", the words, brackets, figures and letter "or sub-section (2) of section 73A" shall be inserted;
(iii)with effect from the 1st day of April, 2017,—
(a)for sub-section (4), the following sub-section shall be substituted, namely:—
"(4) Any person who has not furnished a return within the time allowed to him under sub-section (1), may furnish the return for any previous year at any time before the end of the relevant assessment year or before the completion of the assessment, whichever is earlier.";
(b)for sub-section (5), the following sub-section shall be substituted, namely:—
"(5) If any person, having furnished a return under sub-section (1) or sub-section (4), discovers any omission or any wrong statement therein, he may furnish a revised return at any time before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment, whichever is earlier.";
(c)in sub-section (9), in the Explanation, clause (aa) shall be omitted.
Section 67, The Finance Act, 2016.

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. s. 73 Amendment of section 194BB
  3. s. 139 Amendment of notifications issued under section 25 of Act 52 of 1962
  4. Income-tax Act s. 139 Return of income

Referred to by 1

  1. Finance Act s. 55 Amendment of section 139

Questions about Section 67

What does Section 67 of the Finance Act deal with?

Section 67 of the Finance Act is headed "Amendment of section 139". Amendment of section 139. 67. In section 139 of the Income-tax Act,— (i) | in sub-section (1), in the sixth proviso, for the words, figures and letter "provisions of section 10A", the words, brackets, figures and letter "provisions of clause (38) of section 10 or section 10A" shall be substituted wi

How do I find court cases under Section 67 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 2016 67, section 67 Finance Act 2016, section 67 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 67 of the Finance Act, and has it changed?

Its own text turns on section 10 (Amendment of section 24), section 73 (Amendment of section 194BB), section 139 (Amendment of notifications issued under section 25 of Act 52 of 1962), 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 Section 67 of the Finance Act enacted?

Section 67 of the Finance Act, cited as Finance Act 2016 67, was enacted on 27 Jun 2016. 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.