Clause 34 - Amendment of section 139. - Finance Bill, 2015

Amendment of section 139. 34. In section 139 of the Income-tax Act(Amendment of section 139.), with effect from the 1st day of April, 2016,- (I) in sub-section (4C), in clause (e),- (a) after the words other educational institution referred to in , the words, brackets, figures and letters sub-clause (iiiab) or shall be inserted; (b) after the words other medical institution referred to in , the words, brackets, figures and letters sub-clause (iiiac) or shall be inserted; (II) after sub-section (4E), the following sub-section shall be inserted, namely:- (4F) Every investment fund referred to in section 115UB, which is not required to furnish return of income or loss under any other provisions of this section, shall furnish the return of 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 as if it were a return required to be furnished under sub-section (1). .