varshith7/income-tax-act-india huggingface dataset:
Income Tax Act, 2025
Section 2: Ins. by Act 3 of 1989, s. 57 (w.e.f. 11989).
2. Ins. by Act 3 of 1989, s. 57 (w.e.f. 11989).
3. Subs. by Act 4 of 1988, s. 114 for “section 270, clause (a) and clause (b) of sub-section (1) of section 271, section 271A,
section 271B, sub-section (2), of section 272A, sub-section (1) of section 272AA, sub-section (1) of section 272B”
(w.e.f. 11989).
and clause
of sub-section
of section 271, section 271A,
section 271B, sub-section
of section 272AA, sub-section
of section 272B”
(w.e.f. 11989).
Income Tax Act, 2025
Section 6: Subs. by Act 21 of 2006, s. 55, for “section 271C” (w.e.f. 12007).
6. Subs. by Act 21 of 2006, s. 55, for “section 271C” (w.e.f. 12007).
7. Subs. by Act 23 of 2004, s. 59, for “section 271F” (w.e.f. 12005). Earlier the quoted words were inserted by 26 of
1997, s. 55 (w.e.f. 11997).
Income Tax Act, 2025
Section 8: Subs by Act 18 of 2005, s. 61, for “section 271FA” (w.e.f. 12006).
8. Subs by Act 18 of 2005, s. 61, for “section 271FA” (w.e.f. 12006).
9. Subs. by Act 20 of 2015, s. 77, for “section 271FB, section 271G” (w.e.f. 12016). Earlier “section 271G” inserted by
Act 14 of 2001, s. 94 (w.e.f. 12002).
Income Tax Act, 2025
Section 15: Ins. by Act 20 of 2002, s. 106 (w.e.f. 12002).
15. Ins. by Act 20 of 2002, s. 106 (w.e.f. 12002).
16. Subs. by Act 21 of 2006, s. 55 for “sub-section (1) of section 272BB” (w.e.f. 12006).
of section 272BB” (w.e.f. 12006).
Income Tax Act, 2025
Section 17: Subs. by Act 20 of 2002, s. 106 for “section 272BB or” (w.e.f. 12002).
17. Subs. by Act 20 of 2002, s. 106 for “section 272BB or” (w.e.f. 12002).
18. Ins. by Act 4 of 1988, s. 115 (w.e.f. 11989). Earlier it was amended by Act of 42 of 1970, s. 49 (w.e.f. 11971) and
later omitted by act 41 of 1975, s. 65 (w.e.f. 11975).
Income Tax Act, 2025
Section 1: Subs. by Act 42 of 1970, s. 50, for section 275 (w.e.f. 11971).
1. Subs. by Act 42 of 1970, s. 50, for section 275 (w.e.f. 11971).
2. Section 275 renumbered as sub-section (1) thereof by Act 36 of 1989, s. 26 (w.e.f. 11989).
3. Subs. by Act 4 of 1988, s. 116, for clauses (a) and (b) excluding the Explanation (w.e.f. 11989).
4. The words and brackets “Deputy Commissioner (Appeals) or the” omitted by Act 21 of 1998, s. 65 (w.e.f. 11998).
thereof by Act 36 of 1989, s. 26 (w.e.f. 11989).
3. Subs. by Act 4 of 1988, s. 116, for clauses
and
excluding the Explanation (w.e.f. 11989).
4. The words and brackets “Deputy Commissioner
or the” omitted by Act 21 of 1998, s. 65 (w.e.f. 11998).
Income Tax Act, 2025
Section 3: Ins. by Act 10 of 1965, s. 58 (w.e.f. 11965).
3. Ins. by Act 10 of 1965, s. 58 (w.e.f. 11965).
4. The words “, without reasonable cause or excuse,” omitted by Act 46 of 1986, s. 27 (w.e.f. 101986).
Income Tax Act, 2025
Section 1: Subs. by Act 26 of 1997, s. 56, for section 276B (w.e.f. 11997).
1. Subs. by Act 26 of 1997, s. 56, for section 276B (w.e.f. 11997).
2. Subs. by Act 41 of 1975, s. 68, for section 276B and 276C (w.e.f. 11975). Earlier section 276C was inserted by Act
42 of 1970, s. 52 (w.e.f. 11971) and section 276B was inserted by Act 19 of 1968, s. 21 (w.e.f. 11968) and later on
section 276B amended by Act 46 of 1986, s. 27 (w.e.f. 101986).
Income Tax Act, 2025
Section 1: Ins. by Act 18 of 2005, s. 62 (w.e.f. 12006).
1. Ins. by Act 18 of 2005, s. 62 (w.e.f. 12006).
2. Subs. by Act 4 of 1988, s. 126, for “sub-section (2) of section 139” (w.e.f. 11989).
of section 139” (w.e.f. 11989).
Income Tax Act, 2025
Section 5: Subs. by s. 107, ibid., for “three years” (w.e.f. 12012).
5. Subs. by s. 107, ibid., for “three years” (w.e.f. 12012).
6. Subs. by Act 18 of 2005, s. 62, for “return of income under sub-section (1) of section 139” (w.e.f. 12006).
of section 139” (w.e.f. 12006).
Income Tax Act, 2025
Section 1: Subs. by Act 41 of 1975, s. 70, for sections 277 and 278 (w.e.f. 11975).
1. Subs. by Act 41 of 1975, s. 70, for sections 277 and 278 (w.e.f. 11975).
2. Subs. by Act 23 of 2012, s. 108, for “one hundred thousand rupees” (w.e.f. 12012).
Income Tax Act, 2025
Section 5: Subs. by Act 23 of 2012, s. 109, for “three years” (w.e.f. 12012).
5. Subs. by Act 23 of 2012, s. 109, for “three years” (w.e.f. 12012).
6. Subs. by Act 18 of 2005, s. 63, for “any income chargeable to tax” (w.e.f. 12006).
7. Subs. by Act 23 of 2012, s. 110, for “one hundred thousand rupees” (w.e.f. 12012).
Income Tax Act, 2025
Section 3: Ins. by Act 46 of 1986, s. 28 (w.e.f. 101986).
3. Ins. by Act 46 of 1986, s. 28 (w.e.f. 101986).
4. Subs. by Act 4 of 1988, s. 120, for “section 276B, section 276DD or section 276E” (w.e.f. 11989).
Income Tax Act, 2025
Section 5: Subs. by Act 49 of 1991, s. 70, for sub-section (1) (w.e.f. 11991).
5. Subs. by Act 49 of 1991, s. 70, for sub-section (1) (w.e.f. 11991).
(w.e.f. 11991).
Income Tax Act, 2025
Section 4: Ins. by Act 1 of 1965, s. 5 (w.e.f. 121965).
4. Ins. by Act 1 of 1965, s. 5 (w.e.f. 121965).
5. Subs. by Act 4 of 1988, s. 126, for “ clauses (a), (b), (c), (d) and (e)” (w.e.f. 11988).
6. Subs. by Act 41 of 1975, s. 71, for “under sub-section (4A) of section 271” (w.e.f. 11975).
and
of section 271” (w.e.f. 11975).
Income Tax Act, 2025
Section 9: Ins. by Act 3 of 1989, s. 53 (w.e.f. 11989).
9. Ins. by Act 3 of 1989, s. 53 (w.e.f. 11989).
10.Subs. by Act 5 of 1964, s. 43, for “discioses any particulars, the disclosure of which is prohibited by section 137,”
(w.e.f. 11964).
Income Tax Act, 2025
Section 11: Ins. by Act 23 of 2012, s. 111 (w.e.f. 12012).
11. Ins. by Act 23 of 2012, s. 111 (w.e.f. 12012).
808
(2) While trying an offence under this Act, a Special Court shall also try an offence, other than an
offence referred to in sub-section (1), with which the accused may, under the Code of Criminal
Procedure, 1973 (2 of 1974), be charged at the same trial.
280B. Offences triable by Special Court.—Notwithstanding anything contained in the Code of
Criminal Procedure, 1973 (2 of 1974),—
(a) the offences punishable under this Chapter shall be triable only by the Special Court, if so
designated, for the area or areas or for cases or class or group of cases, as the case may be, in which
the offence has been committed:
Provided that a court competent to try offences under section 292,—
(i) which has been designated as a Special Court under this section, shall continue to try the
offences before it or offences arising under this Act after such designation;
(ii) which has not been designated as a Special Court may continue to try such offence
pending before it till its disposal;
(b) a Special Court may, upon a complaint made by an authority authorised in this behalf under
this Act take cognizance of the offence for which the accused is committed for trial.
280C. Trial of offences as summons case.—Notwithstanding anything contained in the Code of
Criminal Procedure, 1973 (2 of 1974), the Special Court, shall try, an offence under this Chapter
punishable with imprisonment not exceeding two years or with fine or with both, as a summons case, and
the provisions of the Code of Criminal Procedure, 1973 as applicable in the case of trial of summons case,
shall apply accordingly.
While trying an offence under this Act, a Special Court shall also try an offence, other than an
offence referred to in sub-section
the offences punishable under this Chapter shall be triable only by the Special Court, if so
designated, for the area or areas or for cases or class or group of cases, as the case may be, in which
the offence has been committed:
Provided that a court competent to try offences under section 292,—
which has been designated as a Special Court under this section, shall continue to try the
offences before it or offences arising under this Act after such designation;
which has not been designated as a Special Court may continue to try such offence
pending before it till its disposal;
a Special Court may, upon a complaint made by an authority authorised in this behalf under
this Act take cognizance of the offence for which the accused is committed for trial.
280C. Trial of offences as summons case.—Notwithstanding anything contained in the Code of
Criminal Procedure, 1973 (2 of 1974), the Special Court, shall try, an offence under this Chapter
punishable with imprisonment not exceeding two years or with fine or with both, as a summons case, and
the provisions of the Code of Criminal Procedure, 1973 as applicable in the case of trial of summons case,
shall apply accordingly.
Income Tax Act, 2025
Section 3: Ins. by Act 41 of 1975, s. 74 (w.e.f. 11975).
3. Ins. by Act 41 of 1975, s. 74 (w.e.f. 11975).
4. Subs. by Act 26 of 1997, s. 57, for “Chief Commissioner or Commissioner” (w.e.f. 11996). Earlier “Chief
Commissioner or Commissioner” was substituted for “Commissioner” by Act 4 of 1988, s. 2 (w.e.f. 11988).
Income Tax Act, 2025
Section 1: Subs. by Act 4 of 1988, s. 2, for “Income-tax Officer” (w.e.f. 11988).
1. Subs. by Act 4 of 1988, s. 2, for “Income-tax Officer” (w.e.f. 11988).
2. Ins. by Act 8 of 2011, s. 32 (w.e.f. 12011). Earlier it was omitted by Act 11 of 1987, s. 71, (w.e.f. 11987).
3. Ins. by Act 20 of 2015, s. 78 (w.e.f. 12016). Earlier it was inserted by Act 31 of 1964, s. 18, (w.e.f. 61964) and
later amended by the Act 41 of 1975, s. 76, (w.e.f. 11976). And then omitted by 26 of 1988, s. 50 (w.e.f. 11988).
Income Tax Act, 2025
Section 1: Ins. by Act 28 of 2016, s. 113 (w.e.f. 12017).
1. Ins. by Act 28 of 2016, s. 113 (w.e.f. 12017).
2. Subs. by Act 13 of 2018, s. 55, for “on or before the due date specified under sub-section (1) of section 139, for furnishing
the return of income for the relevant accounting year” (w.r.e.f. 12017).
of section 139, for furnishing
the return of income for the relevant accounting year” (w.r.e.f. 12017).
Income Tax Act, 2025
Section 1: Subs. by Act 13 of 2018, s. 55, for “clause (i) or clause (ii)” (w.r.e.f. 12017).
1. Subs. by Act 13 of 2018, s. 55, for “clause (i) or clause (ii)” (w.r.e.f. 12017).
or clause
Income Tax Act, 2025
Section 3: Subs. by s. 77, ibid., for sub-section (2) (w.e.f. 11975).
3. Subs. by s. 77, ibid., for sub-section (2) (w.e.f. 11975).
4. The words and brackets “Deputy Commissioner (Appeals) or the” omitted by Act 21 of 1998, s. 65 (w.e.f. 11998).
Which was substituted as “Deputy Commissioner (Appeals)” for “Appellate Assistant Commissioner” by Act 4 of 1988,
s. 2 (w.e.f. 11988) and the words and brackets “or the commissioner (Appeals)” were inserted after “Appellate
Assistant Commissioner” by Act 22 of 1977, s. 39 and the Fifth Schedule (w.e.f. 11977).
(w.e.f. 11975).
4. The words and brackets “Deputy Commissioner
or the” omitted by Act 21 of 1998, s. 65 (w.e.f. 11998).
Which was substituted as “Deputy Commissioner
Income Tax Act, 2025
Section 1: Sub-section (3) omitted by Act 67 of 1984, s. 52 (w.e.f. 11984).
1. Sub-section (3) omitted by Act 67 of 1984, s. 52 (w.e.f. 11984).
omitted by Act 67 of 1984, s. 52 (w.e.f. 11984).
Income Tax Act, 2025
Section 2: Ins. by Act 13 of 1966, s. 34 (w.e.f. 11966).
2. Ins. by Act 13 of 1966, s. 34 (w.e.f. 11966).
3. Subs. by Act 19 of 1968, s. 30 and the Third Schedule, for “(1) Subject to the provisions of sub-section (2), the amount of
total income” (w.e.f. 11969).
4. Sub-section (2) and Explanation, omitted by s. 30 and the Third Schedule, ibid. (w.e.f. 11969).
Subject to the provisions of sub-section
and Explanation, omitted by s. 30 and the Third Schedule, ibid. (w.e.f. 11969).
Income Tax Act, 2025
Section 1: Ins. by Act 22 of 2007, s. 78 (w.e.f. 11975).
1. Ins. by Act 22 of 2007, s. 78 (w.e.f. 11975).
2. Section 292C renumbered as sub-section (1) thereof by Act 18 of 2008, s. 57 (w.e.f. 11975).
thereof by Act 18 of 2008, s. 57 (w.e.f. 11975).
Income Tax Act, 2025
Section 1: The words “or super-tax” omitted by Act 10 of 1965, s. 63 (w.e.f. 11965).
1. The words “or super-tax” omitted by Act 10 of 1965, s. 63 (w.e.f. 11965).
2. Ins. by the Taxation Laws (Extension to Union Territories) Regulation, 1963 (3 of 1963), s. 3 and the Schedule
(w.e.f. 11963).
Income Tax Act, 2025
Section 1: Ins. by Act 41 of 1975, s. 79 (w.e.f. 11976).
1. Ins. by Act 41 of 1975, s. 79 (w.e.f. 11976).
2. Clasue (ee) renumbered as clause (e) thereof by Act 17 of 2013, s. 59 (w.e.f. 12016). Earlier clause (e) omitted by
Act 18 of 2005, s. 64 (w.e.f. 12006) which was amended by Act 20 of 1967, s. 33 and the Third Schedule (w.e.f. 1
1968).
renumbered as clause
thereof by Act 17 of 2013, s. 59 (w.e.f. 12016). Earlier clause
omitted by
Act 18 of 2005, s. 64 (w.e.f. 12006) which was amended by Act 20 of 1967, s. 33 and the Third Schedule (w.e.f. 1
1968).
Income Tax Act, 2025
Section 2: Ins. by Act 16 of 1972, s. 41 (w.e.f. 11972).
2. Ins. by Act 16 of 1972, s. 41 (w.e.f. 11972).
3. The words “Deputy Commissioner (Appeals) or the” omitted by Act 21 of 1998, s. 65 (w.e.f. 11998). Earlier the
words “Deputy Commissioner (Appeals)” were substituted by Act 4 of 1988, s. 2, for “Appellate Assistant
Commissioner” (w.e.f. 11988) and the words “or the Commissioner (Appeals)” were inserted by Act 29 of 1977, s. 39
and the Fifth Schedule (w.e.f. 101978).
or the” omitted by Act 21 of 1998, s. 65 (w.e.f. 11998). Earlier the
words “Deputy Commissioner
Income Tax Act, 2025
Section 3: Ins. by Act 32 of 1994, s. 49 (w.e.f. 11994).
3. Ins. by Act 32 of 1994, s. 49 (w.e.f. 11994).
4. Subs. by Act 22 of 2007, s. 80, for “every notification issued under sub-clause (iv) of clause (23C) of section 10”
(w.e.f. 12007).
of clause
of section 10”
(w.e.f. 12007).
Income Tax Act, 2025
Section 1: Ins. by Act 13 of 1966, s. 13 (w.e.f. 11962).
1. Ins. by Act 13 of 1966, s. 13 (w.e.f. 11962).
2. The words “until rescinded by the Central Government” omitted by Act 54 of 1972, s. 7 (w.e.f. 91972).
Income Tax Act, 2025
Section 2: Subs. by Act 33 of 2009, s. 80, for certain words (w.e.f. 12011).
2. Subs. by Act 33 of 2009, s. 80, for certain words (w.e.f. 12011).
3. Subs. by Act 21 of 1998, s. 64, for “any expenditure or allowance” (w.r.e.f. 11989).
Income Tax Act, 2025
Section 4: Subs. by Act 4 of 1988, s. 126, for “section 30 to 43A” (w.e.f. 11989).
4. Subs. by Act 4 of 1988, s. 126, for “section 30 to 43A” (w.e.f. 11989).
831
1[(b) (i) any gain or loss on realisation of investments shall be added or deducted, as the case may
be, if such gain or loss is not credited or debited to the profit and loss account;
(ii) any provision for diminution in the value of investment debited to the profit and loss account,
shall be added back;]
(c) such amount carried over to a reserve for unexpired risks as may be prescribed in this behalf
shall be allowed as a deduction.
C.—Other provisions
6. Profits and gains of non-resident person.—(1) The profits and gains of the branches in India of a
person not resident in India and carrying on any business of insurance, may, in the absence of more
reliable data, be deemed to be that proportion of the world income of such person which corresponds to
the proportion which his premium income derived from India bears to his total premium income.
(2) For the purposes of this rule, the world income in relation to life insurance business of a person
not resident in India shall be computed in the manner laid down in this Act for the computation of the
profits and gains of life insurance business carried on in India.
(i) any gain or loss on realisation of investments shall be added or deducted, as the case may
be, if such gain or loss is not credited or debited to the profit and loss account;
any provision for diminution in the value of investment debited to the profit and loss account,
shall be added back;]
such amount carried over to a reserve for unexpired risks as may be prescribed in this behalf
shall be allowed as a deduction.
C.—Other provisions
6. Profits and gains of non-resident person.—
The profits and gains of the branches in India of a
person not resident in India and carrying on any business of insurance, may, in the absence of more
reliable data, be deemed to be that proportion of the world income of such person which corresponds to
the proportion which his premium income derived from India bears to his total premium income.
For the purposes of this rule, the world income in relation to life insurance business of a person
not resident in India shall be computed in the manner laid down in this Act for the computation of the
profits and gains of life insurance business carried on in India.
Income Tax Act, 2025
Section 7: Interpretation.—(1) For the purposes of these rules—
7. Interpretation.—(1) For the purposes of these rules—
2* * * * *
(ii) “investments” includes securities, stocks and shares;
3* * * * *
(iv) “life insurance business” means life insurance business as defined in clause (11) of section 2
of the Insurance Act, 1938 (4 of 1938);
(v) “rule” means a rule contained in this Schedule.
(2) References in these rules to the Insurance Act, 1938 (4 of 1938), or any provision thereof, shall, in
relation to the Life Insurance Corporation of India, be construed as references to that Act or provision as
read with section 43 of the Life Insurance Corporation Act, 1956 (31 of 1956).
For the purposes of these rules—
2* * * * *
“investments” includes securities, stocks and shares;
3* * * * *
“life insurance business” means life insurance business as defined in clause
of section 2
of the Insurance Act, 1938 (4 of 1938);
“rule” means a rule contained in this Schedule.
References in these rules to the Insurance Act, 1938 (4 of 1938), or any provision thereof, shall, in
relation to the Life Insurance Corporation of India, be construed as references to that Act or provision as
read with section 43 of the Life Insurance Corporation Act, 1956 (31 of 1956).
Income Tax Act, 2025
Section 1: Subs. by Act 14 of 2010, s. 52, for clause (b) (w.e.f. 12011).
1. Subs. by Act 14 of 2010, s. 52, for clause (b) (w.e.f. 12011).
2. Clause (i) omitted by Act 66 of 1976, s. 23 (w.e.f. 11977). Earlier clause (i) was amended by Act 20 of 1967, s. 32
(w.e.f. 11967).
(w.e.f. 12011).
2. Clause
omitted by Act 66 of 1976, s. 23 (w.e.f. 11977). Earlier clause
was amended by Act 20 of 1967, s. 32
(w.e.f. 11967).
Income Tax Act, 2025
Section 3: Clause (iii) omitted by s. 23, ibid. (w.e.f. 11977).
3. Clause (iii) omitted by s. 23, ibid. (w.e.f. 11977).
832
THE SECOND SCHEDULE
PROCEDURE FOR RECOVERY OF TAX
1[[See sections 222 and 276]]
PART I
__________
GENERAL PROVISIONS
omitted by s. 23, ibid. (w.e.f. 11977).
832
THE SECOND SCHEDULE
PROCEDURE FOR RECOVERY OF TAX
1[[See sections 222 and 276]]
PART I
__________
GENERAL PROVISIONS
Income Tax Act, 2025
Section 1: Subs. by Act 3 of 1989, s. 54, for “Assessing Officer” (w.e.f. 11989).
1. Subs. by Act 3 of 1989, s. 54, for “Assessing Officer” (w.e.f. 11989).
2. The words “duly filed under this Act” omitted by Act 4 of 1988, s. 124 (w.e.f. 11989).
835
(5) Where the Tax Recovery Officer is satisfied that the property was, at the said date, in the
possession of the defaulter as his own property and not on account of any other person, or was in the
possession of some other person in trust for him, or in the occupancy of a tenant or other person paying
rent to him, the Tax Recovery Officer shall disallow the claim.
(6) Where a claim or an objection is preferred, the party against whom an order is made may institute
a suit in a civil court to establish the right which he claims to the property in dispute; but, subject to the
result of such suit (if any), the order of the Tax Recovery Officer shall be conclusive.
Where the Tax Recovery Officer is satisfied that the property was, at the said date, in the
possession of the defaulter as his own property and not on account of any other person, or was in the
possession of some other person in trust for him, or in the occupancy of a tenant or other person paying
rent to him, the Tax Recovery Officer shall disallow the claim.
Where a claim or an objection is preferred, the party against whom an order is made may institute
a suit in a civil court to establish the right which he claims to the property in dispute; but, subject to the
result of such suit (if any), the order of the Tax Recovery Officer shall be conclusive.
Income Tax Act, 2025
Section 2: Subs. by Act 3 of 1989, s. 54, for “Income-tax Officer” (w.e.f. 11988).
2. Subs. by Act 3 of 1989, s. 54, for “Income-tax Officer” (w.e.f. 11988).
3. The words “for payment to the Assessing Officer” omitted by Act 3 of 1989, s. 54 (w.e.f. 11989).
4. Subs. by Act 22 of 2007, s. 81, for “fifteen per cent. per annum” (w.e.f. 12008). Earlier it was substituted by Act 67 of
1984, s. 24 for “twelve per cent” (w.e.f. 11984). Earlier it was subs. by Act 16 of 1972, s. 25, for “nine per cent”
(w.e.f. 11972). and it was subs. by Act 42 of 1970, s. 56, for “the rate of six per cent. per annum” (w.e.f. 11971).
Income Tax Act, 2025
Section 1: Subs. by Act 3 of 1989, s. 54, for “Income-tax Officer” (w.e.f. 11988).
1. Subs. by Act 3 of 1989, s. 54, for “Income-tax Officer” (w.e.f. 11988).
2. Subs. by Act 22 of 2007, s. 81, for “six per cent. per annum” (w.e.f. 12008). Earlier it was substituted
by Act 54 of 2003, s. 21, for “eight per cent” (w.e.f. 82003). Earlier it was substituted by Act 20 of 2002, s. 109
(w.e.f. 12002). and it was substituted by Act 14 of 2001, s. 95, (w.e.f. 12001).
Income Tax Act, 2025
Section 5: Subs. by Act 4 of 1988, s. 124, for sub-rule (1) (w.e.f. 11989).
5. Subs. by Act 4 of 1988, s. 124, for sub-rule (1) (w.e.f. 11989).
(w.e.f. 11989).
Income Tax Act, 2025
Section 5: Subs. by Act 3 of 1989, s. 54, for “Income-tax Officer” (w.e.f. 11988).
5. Subs. by Act 3 of 1989, s. 54, for “Income-tax Officer” (w.e.f. 11988).
851
THE THIRD SCHEDULE
PROCEDURE FOR DISTRAINT BY 1[ASSESSING OFFICER]
2[OR TAX RECOVERY OFFICER]
[See section 226(5)]
Distraint and sale.—Where any distraint and sale of movable property are to be effected by any
1[Assessing Officer] 2[or Tax Recovery Officer] authorised for the purpose, such distraint and sale
shall be made, as far as may be, in the same manner as attachment and sale of any movable property
attachable by actual seizure, and the provisions of the Second Schedule relating to attachment and
sale shall, so far as may be, apply in respect of such distraint and sale.
Income Tax Act, 2025
Section 2: Ins. by s. 55, ibid (w.e.f. 11989).
2. Ins. by s. 55, ibid (w.e.f. 11989).
852
THE FOURTH SCHEDULE
PART A
RECOGNISED PROVIDENT FUNDS
[See sections 2(38), 10(12), 10(25), 36(1)(iv), 88(2)(vi), 111, 192(4)]
1. Application of Part.—This Part shall not apply to any provident fund to which the Provident
Funds Act, 1925 (19 of 1925), applies.
Income Tax Act, 2025
Section 2: Subs. by Act 8 of 2011, s. 34, for “31st day of December, 2010” (w.e.f. 12011).
2. Subs. by Act 8 of 2011, s. 34, for “31st day of December, 2010” (w.e.f. 12011).
3. Subs. by Act 17 of 2013, s. 60, for “31st day of March, 2013” (w.e.f. 12013). Earlier “the 31st day of March, 2012”
was substituted for “the 31st day of March, 2013” by Act 23 of 2012, s. 114 (w.e.f. 12012).
Income Tax Act, 2025
Section 5: Subs. by Act 26 of 1997, s. 58, for “ten” (w.e.f. 11998).
5. Subs. by Act 26 of 1997, s. 58, for “ten” (w.e.f. 11998).
6. The words “exceeds one-third of the salary of the employee or” omitted by Act 44 of 1980, s. 34 (w.e.f. 11981).