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TypeBare Act JurisdictionCentral Government

Finance (No. 2) Act, 1971

Complete Act - all sections

~2 min read
https://sooperkanoon.com/act/133500

Bare act · Research

About this act

Finance (No. 2) Act, 1971 (1971) is Central state legislation published on SooperKanoon in full. Use this page to read the bare act and jump to judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Act Text

Preamble1 - Finance (No. 2) Act, 1971
Section1 - SHORT TITLE AND COMMENCEMENT
Section2 - INCOME TAX
Section3 - 3 --30 - These sections respectively amended Ss. 2, 10, II, 13, 16,36,40. 40A, 54A, 58, 67, 80A, 80C, 801. 80L, 80M,
Section31 - 31-36 - Respectively amended the Ss. 4, 5, 18,21,32 and the Schedule tothe Wealth-tax Act 1957- These amendments are
Section37 - AMENDED S. 18 OF THE GIFT-TAX ACT 1958 - This amendment already incorporated in the principal Act
Section38 - AMENDMENT OF ACT 7 OF 1964 These amendments have been incorporated in the principal Act
Section40 - AMENDMENT OF ACT 1 OF 1944 Amendments made already incorporated in the principal Act
Section41 - AMENDMENT OF ACT 58 OF 1957 Amendments made already incorporated in Act
Section42 - AMENDMENT OF ART 27 OF 1958 InSection 3 of the Mineral Products
Section43 - EXTENT AND COMMENCEMENT
Section44 - DEFINITIONS In this Chapter, unless the context otherwise requires,
Section45 - FOREIGN TRAVEL TAX
Section46 - POWER TO EXEMPT Notwithstanding anything contained in this Chapter, the Central Government may,
Section47 - PENALTY Any carrier contravening the provisions of sub-section
Section48 - PROTECTION OF ACTION TAKEN IN GOOD FAITH No suit or other legal proceeding shall lie against the Central Government and
Section49 - POWER TO MAKE RULES
Section50 - POWER TO MAKE REGULATIONS
Section51 - RULES AND NOTIFICATIONS TO BE LAID BEFORE PARLIAMENT Every rule made under this chapter and every notification issued
Section52 - AMENDMENT OF ACT 6 OF 1898 In theFirst Schedule to the Indian Post Office Act, 1898-, for the sub-heading "Parcels' and
Section53 - AMENDMENT OF ACT 47 OF 1961 Inthe Deposit Insurance Corporation Act. 1961
Section54 - HOUSING AND URBAN DEVELOPMENT FINANCE CORPORATION PRIVATE LTD. TO BE EXEMPT FOR A CERTAIN PERIOD FROM LIABILITY TO PAY
Section55 - REPEAL Section 2-of the Financee Act, 1971 is hereby repealed and shall be deemeed never to have been enacted. SCHEDULE

Frequently asked questions

What is the Finance (No. 2) Act, 1971?

The Finance (No. 2) Act, 1971, enacted in 1971, is Central state legislation available in full text on SooperKanoon. It is commonly used for legal research alongside judgments that interpret and apply its provisions.

How can I find court judgments citing the Finance (No. 2) Act, 1971?

Use “Find citing judgments” on this page to search reported decisions from Indian courts and tribunals that reference the Finance (No. 2) Act, 1971. You can also start from the Bare Acts hub or run an advanced act search for tighter filters.

Is the act text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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