Amendment of section 139.

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..... D or section 54EC or section 54F or section 54G or section 54GA or section 54GB shall be inserted; (b) after the sixth proviso, and before Explanation 1 the following proviso shall be inserted, namely: Provided also that a person referred to in clause (b), who is not required to furnish a return under this sub-section, and who during the previous year (i) has deposited an amount or aggregate of th .....

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..... ng company shall have the meaning assigned to it in clause (i) of the Explanation to section 269SS; (b) co-operative bank shall have the meaning assigned to it in clause (ii) of the Explanation to section 269SS. . - Clause 39 of the Bill seeks to amend section 139 of the Incometax Act relating to return of income. Sub-section ( 1 ) of the said section provides for furnishing of return by every per .....

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..... ills such other conditions as may be prescribed. It is further proposed to amend the said sub-section so as to provide for furnishing of return by a person who is claiming rollover benefit of capital gains, for investment in a house or a bond or any other asset under sections 54, 54B, 54D, 54EC, 54F, 54G, 54GA and 54GB. These amendments will take effect from 1st April, 2020 and will, accordingly, .....

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