TMI BlogAmendment of section 139.X X X X Extracts X X X X X X X X Extracts X X X X ..... ub-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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sub-clauses (iiiab) and (iiiac) of clause (23C) of section 10 shall be required to furnish a return of income if the total income of such university, hospital or other institution without giving effect to provisions of section 10, exceeds the maximum amount which is not chargeable to income-tax. It is proposed to amend the said section to provide that every investment fund referred to in section ..... X X X X Extracts X X X X X X X X Extracts X X X X
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