Section 37 - Amendment of section 139. - Finance Act, 2021

Amendment of section 139. 37. In section 139 of the Income-tax Act, (a) in sub-section (1), in Explanation 2, (i) in clause (a), in sub-clause (iii), after the words any other law for the time being in force , the words, figure and letter or the spouse of such partner if the provisions of section 5A applies to such spouse shall be inserted; (ii) in clause (aa), after the words an assessee , the words , including the partners of the firm or the spouse of such partner (if the provisions of section 5A applies to such spouse) being such assessee, shall be inserted; (b) in sub-section (4), for the words return for any previous year at any time before , the words return for any previous year at any time before three months prior to shall be substituted; (c) in sub-section (5), for the words before the end , the words before three months prior to the end shall be substituted; (d) in sub-section (9), in the Explanation, the following proviso shall be inserted, namely: Provided that the Board may, by notification in the Official Gazette, specify that any of the conditions specified in clauses (a) to (f) to the Explanation shall not apply to such class of assessees or shall apply with such modifications, as may be specified in such notification. .