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The Finance Act, 2019 (No. 2)

Amendment of section 270A

In force As on 12 Oct 2026

Ministry Finance

Section 62 of the Finance Act, 2019 (No. 2) deals with amendment of section 270A. Amendment of section 270A 62. In section 270A of the Income-tax Act,— (A) | for the words "no return of income has been furnished" at both the places where they occur, the words and figures "no return of income has been furnished or where return has been furnished for the first time under section "

Amendment of section 270A

62. In section 270A of the Income-tax Act,—

(A)for the words "no return of income has been furnished" at both the places where they occur, the words and figures "no return of income has been furnished or where return has been furnished for the first time under section 148" shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 2017;
(B)in sub-section (2), in clause (e), for the words "no return of income has been filed", the words and figures "no return of income has been furnished or where return has been furnished for the first time under section 148" shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 2017;
(C)in sub-section (3), in clause (i), in sub-clause (b), for the words "no return has been furnished", the words and figures "no return of income has been furnished or where return has been furnished for the first time under section 148" shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 2017.
Section 62, The Finance Act, 2019 (No. 2).

Cross-references

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

This section refers to

  1. s. 148 Amendment of Act 5 of 1970
  2. Income-tax Act s. 270A Penalty for under-reporting and misreporting of income

Questions about Section 62

What does Section 62 of the Finance Act, 2019 (No. 2) deal with?

Section 62 of the Finance Act, 2019 (No. 2) is headed "Amendment of section 270A". Amendment of section 270A 62. In section 270A of the Income-tax Act,— (A) | for the words "no return of income has been furnished" at both the places where they occur, the words and figures "no return of income has been furnished or where return has been furnished for the first time under section "

How do I find court cases under Section 62 of the Finance Act, 2019 (No. 2)?

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, 2019 (No. 2) 62, section 62 Finance Act, 2019 (No. 2), section 62 of the Finance Act, 2019 (No. 2). 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, 2019 (No. 2), and has it changed?

Its own text turns on section 148 (Amendment of Act 5 of 1970), Income-tax Act 270A (Penalty for under-reporting and misreporting of income), so none of them can safely be read on its own.

When was the Finance Act, 2019 (No. 2) enacted?

Finance Act, 2019 (No. 2) was enacted in 2019. 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.