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of <h1>Amendment to Section 139 of Income-tax Act mandates tax return filing for residents meeting specific asset or expense criteria.</h1> In the amendment to section 139 of the Income-tax Act by the Finance Act, 1997, a proviso is added requiring individuals residing in specified areas to file an income tax return if they meet any two of the following conditions: occupying an immovable property exceeding a specified floor area, owning or leasing a motor vehicle, subscribing to a telephone, or incurring foreign travel expenses. The return must be filed by the due date in the prescribed form. Additionally, 'motor vehicle' is defined as per the Motor Vehicles Act, 1988.
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