Income Tax Act, 2025
Section 2: Ins. by Act 21 of 2006, s. 33 (w.e.f. 12006).
2. Ins. by Act 21 of 2006, s. 33 (w.e.f. 12006).
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(4) The Scheme framed by the Board under this section may provide for the following, namely:—
(a) the manner in which and the period for which the Tax Return Preparers shall be authorised
under sub-section (3);
(b) the educational and other qualifications to be possessed, and the training and other conditions
required to be fulfilled, by a person to act as a Tax Return Preparer;
(c) the code of conduct for the Tax Return Preparers;
(d) the duties and obligations of the Tax Return Preparers;
(e) the circumstances under which the authorisation given to a Tax Return Preparer may be
withdrawn;
(f) any other matter which is required to be, or may be, specified by the Scheme for the purposes
of this section.
(5) The Scheme framed by the Board under this section shall be laid, as soon as may be after it is
framed, before each House of Parliament, while it is in session, for a total period of thirty days which may
be comprised in one session or in two or more successive sessions, and if, before the expiry of the session
immediately following the session or the successive sessions aforesaid, both Houses agree in making any
modification in the Scheme or both Houses agree that the Scheme should not be framed, the Scheme shall
thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that
any such modification or annulment shall be without prejudice to the validity of anything previously done
under that Scheme.]
1[139C. Power of Board to dispense with furnishing documents, etc., with return.—(1) The
Board may make rules providing for a class or classes of persons who may not be required to furnish
documents, statements, receipts, certificates, reports of audit or any other documents, which are otherwise
under any other provisions of this Act, except section 139D, required to be furnished, along with the
return but on demand to be produced before the Assessing Officer.
(2) Any rule made under the proviso to sub-section (9) of section 139 as it stood immediately before
its omission by the Finance Act, 2007 shall be deemed to have been made under the provisions of this
section.
The Scheme framed by the Board under this section may provide for the following, namely:—
the manner in which and the period for which the Tax Return Preparers shall be authorised
under sub-section
the educational and other qualifications to be possessed, and the training and other conditions
required to be fulfilled, by a person to act as a Tax Return Preparer;
the code of conduct for the Tax Return Preparers;
the duties and obligations of the Tax Return Preparers;
the circumstances under which the authorisation given to a Tax Return Preparer may be
withdrawn;
any other matter which is required to be, or may be, specified by the Scheme for the purposes
of this section.
The Scheme framed by the Board under this section shall be laid, as soon as may be after it is
framed, before each House of Parliament, while it is in session, for a total period of thirty days which may
be comprised in one session or in two or more successive sessions, and if, before the expiry of the session
immediately following the session or the successive sessions aforesaid, both Houses agree in making any
modification in the Scheme or both Houses agree that the Scheme should not be framed, the Scheme shall
thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that
any such modification or annulment shall be without prejudice to the validity of anything previously done
under that Scheme.]
1[139C. Power of Board to dispense with furnishing documents, etc., with return.—
The
Board may make rules providing for a class or classes of persons who may not be required to furnish
documents, statements, receipts, certificates, reports of audit or any other documents, which are otherwise
under any other provisions of this Act, except section 139D, required to be furnished, along with the
return but on demand to be produced before the Assessing Officer.
Any rule made under the proviso to sub-section
of section 139 as it stood immediately before
its omission by the Finance Act, 2007 shall be deemed to have been made under the provisions of this
section.