Subsection 117 of Section 2 | Definition of valid return

( 117 ) "valid return" means a return furnished under sub-section (1) of section 39 on which self-assessed tax has been paid in full;

16[(117A) "virtual digital asset" shall have the same meaning as assigned to it in clause (47A) of section 2 of the Income-tax Act, 1961.]


16. Inserted by s. 2 of Central Goods and Services Tax (Amendment) Act, 2023 (No. 30 of 2023) - Brought into force w.e.f. 01st October, 2023 vide Notification No. 48/2023-C.T., dated 29nd Sep, 2023.