Income Tax Act, 2025
Section 11: Ins. by Act 25 of 2014, s. 49 (w.e.f. 12015).
11. Ins. by Act 25 of 2014, s. 49 (w.e.f. 12015).
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(f) trade union referred to in sub-clause (a) or association referred to in sub-clause (b) of clause
(24) of section 10;
1[(fa) Board orAuthority referred to in clause (29A) of section 10;]
2[(g) body or authority or Board or Trust or Commission (by whatever name called) referred to in
clause (46) of section 10;
(h) infrastructure debt fund referred to in clause (47) of section 10,]
shall, if the total income in respect of which such 3[research association], news agency, association or
institution, 1[person or] fund or trust or university or other educational institution or any hospital or other
medical institution or trade union 2[or body or authority or Board or Trust or Commission or
infrastructure debt fund]4[or Mutual Fund or securitisation trust or venture capital company or venture
capital fund] is assessable, without giving effect to the provisions of section 10, exceeds the maximum
amount which is not chargeable to income-tax, furnish a return of such income of the previous year in the
prescribed form and verified in the prescribed manner and setting forth such other particulars as may be
prescribed and all the provisions of this Act shall, so far as may be, apply as if it were a return required to
be furnished under sub-section (1).]
5[(4D) Every university, college or other institution referred to in clause (ii) and clause (iii) of subsection (1) of section 35, which is not required to furnish return of income or loss under any other
provision of this section, shall furnish the return in respect of its income or loss in every previous year
and all the provisions of this Act shall, so far as may be, apply as if it were a return required to be
furnished under sub-section (1).]
4[(4E) Every business trust, which is not required to furnish return of income or loss under any other
provisions of this section, shall furnish the return of its income in respect of its income or loss in every
previous year and all the provisions of this Act shall, so far as may be, apply if it were a return required to
be furnished under sub-section (1).]
6[(4F)Every investment fund referred to in section 115UB, which is not required to furnish return of
income or loss under any other provisions of this section, shall furnish the return of income in respect of
its income or loss in every previous year and all the provisions of this Act shall, so far as may be, apply as
if it were a return required to be furnished under sub-section (1).]
7[(5) If any person, having furnished a return under sub-section (1) or sub-section (4), discovers any
omission or any wrong statement therein, he may furnish a revised return at any time before 8*** the end
of the relevant assessment year or before the completion of the assessment, whichever is earlier.]
trade union referred to in sub-clause
or association referred to in sub-clause
of clause
of section 10;
1[
Board orAuthority referred to in clause
of section 10;]
2[
body or authority or Board or Trust or Commission (by whatever name called) referred to in
clause
of section 10;
infrastructure debt fund referred to in clause
of section 10,]
shall, if the total income in respect of which such 3[research association], news agency, association or
institution, 1[person or] fund or trust or university or other educational institution or any hospital or other
medical institution or trade union 2[or body or authority or Board or Trust or Commission or
infrastructure debt fund]4[or Mutual Fund or securitisation trust or venture capital company or venture
capital fund] is assessable, without giving effect to the provisions of section 10, exceeds the maximum
amount which is not chargeable to income-tax, furnish a return of such income of the previous year in the
prescribed form and verified in the prescribed manner and setting forth such other particulars as may be
prescribed and all the provisions of this Act shall, so far as may be, apply as if it were a return required to
be furnished under sub-section
Every university, college or other institution referred to in clause
and clause
of subsection
of section 35, which is not required to furnish return of income or loss under any other
provision of this section, shall furnish the return in respect of its income or loss in every previous year
and all the provisions of this Act shall, so far as may be, apply as if it were a return required to be
furnished under sub-section
Every business trust, which is not required to furnish return of income or loss under any other
provisions of this section, shall furnish the return of its income in respect of its income or loss in every
previous year and all the provisions of this Act shall, so far as may be, apply if it were a return required to
be furnished under sub-section
If any person, having furnished a return under sub-section
or sub-section