Return filing obligation expanded to include certain capital-gains rollover claimants and specified transactional or expenditure triggers. Amendment to section 139(1) requires persons claiming capital-gains rollover under sections 54, 54B, 54D, 54EC, 54F, 54G, 54GA and 54GB to file returns and imposes return-filing where specified transactional or expenditure thresholds are met-including aggregate deposits in current accounts with a banking company or co-operative bank, foreign travel expenditure, electricity consumption expenditure, or other prescribed conditions; definitions of banking company and co-operative bank are aligned to the Explanation to section 269SS.
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Provisions expressly mentioned in the judgment/order text.
Return filing obligation expanded to include certain capital-gains rollover claimants and specified transactional or expenditure triggers.
Amendment to section 139(1) requires persons claiming capital-gains rollover under sections 54, 54B, 54D, 54EC, 54F, 54G, 54GA and 54GB to file returns and imposes return-filing where specified transactional or expenditure thresholds are met-including aggregate deposits in current accounts with a banking company or co-operative bank, foreign travel expenditure, electricity consumption expenditure, or other prescribed conditions; definitions of banking company and co-operative bank are aligned to the Explanation to section 269SS.
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