Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Finance Act 2006 amends Section 139 of the Income-tax Act, updating phrases and allowing Board modifications for certain classes.</h1> Section 139 of the Income-tax Act has been amended by the Finance Act, 2006. In sub-section (1), the phrase 'during any previous year ending before the 1st day of April, 2005' replaces 'during the previous year.' In sub-section (9), the term 'deducted or collected at source' replaces 'deducted at source' effective April 1, 2007, and the date 'before the 1st day of April, 2008' replaces 'before the 1st day of April, 2006.' A new proviso allows the Board to modify conditions for specific classes of persons, effective June 1, 2006.