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TypeBare Act JurisdictionCentral Government

Finance Act, 1995

Complete Act - all sections

~7 min read
https://sooperkanoon.com/act/133544

Bare act · Research

About this act

Finance Act, 1995 (1995) 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 Act, 1995
Section1 - SHORT TITLE AND COMMENCEMENT
Section2 - INCOME TAX
Section3 - AMENDMENT OF SECTION 2 In section 2 of the Income-tax Act, in clause
Section4 - AMENDMENT OF SECTION 10 In section 10 of the Income-tax Act,"
Section5 - AMENDMENT OF SECTION 10A In section 10A of the Income-tax Act, in sub-section
Section6 - AMENDMENT OF SECTION 17 In section 17 of the Income-tax Act, in clause
Section7 - AMENDMENT OF SECTION 32 In section 32 of the Income-tax Act, in sub-section
Section8 - AMENDMENT OF SECTION 33AC In, section 33AC of the Income-tax Act, in sub-section
Section9 - AMENDMENT OF SECTION 35CCA In section 35CCA of the Income-tax Act, in sub-section
Section10 - AMENDMENT OF SECTION 36 In section 36 of the Income-tax Act, in sub-section
Section11 - AMENDMENT OF SECTION 40A In section 40A of the Income-tax Act, in sub-section
Section12 - AMENDMENT OF SECTION 43 In section 43 of the Income-tax Act, in clause
Section13 - AMENDMENT OF SECTION 44AB In section 44AB of the Income-tax Act, with effect from the day of July, 1995,"
Section14 - AMENDMENT OF SECTION 55 In section 55 of the Income-tax Act, in sub-section
Section15 - INSERTION OF NEW SECTION 80DDA After section 80DD of the Income-tax Act, the following section shall be inserted, with
Section16 - AMENDMENT OF SECTION 80G " In section 80G of the Income-tax Act,"
Section17 - AMENDMENT OF SECTION 80GGA In section 80GGA of the Income-tax Act, in sub-section
Section18 - AMENDMENT OF SECTION 80HHE In section 80HHE of the Income-tax Act, in sub-section
Section19 - AMENDMENT OF SECTION 80-IA In section 80-IA of the Income-tax Act, with effect from the I st day of April, 1996,"
Section20 - AMENDMENT OF SECTION 80L In section 80L of the Income-tax Act, in subjection
Section21 - AMENDMENT OF SECTION 80U In section 80U of the Income-tax Act, for the words "twenty thousand rupees", the words "forty
Section22 - AMENDMENT OF SECTION 88 In section 88 of the Income-tax Act, with effect from the Ist day of April, 1996"
Section23 - AMENDMENT OF SECTION 112 " In section 112 of the Income-tax Act, in sub-section
Section24 - INSERTION OF NEW SECTION 113 " After section 112 of the Income-tax Act, the following section shall be inserted with
Section25 - AMENDMENT OF SECTION 115K " In section 115K of the Income-tax Act, with effect from the I st day of April, 1996"
Section26 - AMENDMENT OF SECTION 132 " In section 132, in sub-section
Section27 - AMENDMENT OF SECTION 133 " In section 133 of the Income-tax Act, in clause
Section28 - AMENDMENT OF SECTION 133A " In section 133A of the Income-tax Act, with effect from the 1st day of July, 1995,"
Section29 - AMENDMENT OF SECTION 139 " In section 139 of the Income-tax Act, with effect from the I st day of July, 1995,"
Section30 - SUBSTITUTION OF NEW SECTION FOR SECTION 139A -- For section 139A of the Income-tax Act, the following section shall be
Section31 - SUBSTITUTION OF NEW SECTION FOR SECTION 145 "For section 145 of the Income-tax Act, the following section shall be
Section32 - INSERTION OF NEW CHAPTER XIV-B " In the Income-tax Act, after Chapter XIV-A, the following Chapter shall be inserted
Section33 - AMENDMENT OF SECTION 194A In section 194A of the Income-tax Act, in sub-section
Section34 - AMENDMENT OF SECTION 194C In section 194C of the Income-tax Act, with effect from the 1st day of July, 1995,"
Section35 - AMENDMENT OF SECTION 194-I Section 194-1 of the Income-tax Act, in the opening portion, for the words "deduct
Section36 - INSERTION OF NEW SECTIONS 194-J AND 194 -K After section 194-1 of the Income-tax Act, the following sections shall be
Section37 - SUBSTITUTION OF NEW SECTION FOR SECTION 196A For section 196A of the Income-tax Act, the following section shall be
Section38 - AMENDMENT OF SECTION 197 In section 197 of the Income-tax Act, in sub-section
Section39 - AMENDMENT OF SECTION 197A In section 197A of the Income-tax Act, for sub-section
Section40 - AMENDMENT OF SECTIONS 198 TO 200 AND 202 TO 205 In sections 198, 199, 200, 202,203,203A, 204 and 205 of the Income-tax
Section41 - AMENDMENT OF SECTION 230A In section 230A of the Income-tax Act, in sub-section
Section42 - AMENDMENT OF SECTION 234B In section 234-B of the Income-tax Act,"
Section43 - AMENDMENT OF SECTION 245C In section 245C of the Income-tax Act, in sub-section
Section44 - AMENDMENT OF SECTION 245D In section 245D of the Income-tax Act, in sub-section
Section45 - AMENDMENT OF SECTION 253 In section 253 of the Income-tax Act, with effect from the 1st day of July. 1995" '
Section46 - AMENDMENT OF SECTION 269UC In section 269UC of the Income-tax Act, with effect from the 1st day of July, 1995,"
Section47 - AMENDMENT OF SECTION 269UD In section 269UD of the Income-tax Act, with effect from the 1st day of July, 1995, in
Section48 - AMENDMENT OF SECTION 271B In section 271B of the Income-tax Act, for the words, figures, letters and brackets "obtain a
Section49 - AMENDMENT OF SECTION 293A In section 293A of the Income-tax Act,"
Section50 - SUBSTITUTION OF NEW AUTHORITIES In the Customs Act, 1962
Section51 - AMENDMENT OF SECTION 2 " In section 2 of the Customs Act,"
Section52 - SUBSTITUTION OF NEW SECTIONS FOR SECTIONS 3 AND 4 " For sections 3 and 4 of the Customs Act, the following sections
Section53 - AMENDMENT OF SECTION 20 " In section 20 of the Customs Act, the proviso and the Explanations shall be omitted
Section54 - AMENDMENT OF SECTION 27 " In section 27 of the Customs Act, in sub-section
Section55 - INSERTION OF NEW SECTION 27A " After section 27 of the Customs Act, the following section shall be inserted, namely :"
Section56 - SUBSTITUTION OF NEW SECTION FOR SECTION 28 " For section 28 of the Customs Act, the following section shall be
Section57 - INSERTION OF NEW SECTION 28AA After section 28A of the Customs Act, the following section shall be inserted, namely :"
Section58 - AMENDMENT OF SECTION 45 In section 45 of the Customs Act, after sub-section
Section59 - AMENDMENT OF SECTION 47 In section 47 of the Customs Act, in sub-section
Section60 - AMENDMENT OF SECTION 74 " In section 74 of the Customs Act, for sub-section
Section61 - AMENDMENT OF SECTION 75 In section 75 of the Customs Act,"
Section62 - INSERTION OF NEW SECTION 75A After section 75 of the Customs Act, the following section shall be inserted, namely :"
Section63 - AMENDMENT OF SECTION 80 In section 80 of the Customs Act, after the words "on his leaving India," the words "and if for
Section64 - INSERTION OF NEW SECTION 98A After section 98 of the Customs Act, the following section shall be inserted, namely :"
Section65 - AMENDMENT OF SECTION 129C In section 129C of the Customs Act,"
Section66 - AMENDMENT OF SECTION 142 In section 142 of the Customs Act, in sub-section
Section67 - AMENDMENT OF SECTION 157 " In section 157 of the Customs Act, in sub-section
Section68 - SUBSTITUTION OF NEW SECTION FOR SECTION 159 " For section 159 of the Customs Act, the following section shall be
Section69 - AMENDMENT OF ACT 51 OF 1975 " The Customs Tariff Act, 1975
Section70 - SUBSTITUTION OF NEW AUTHORITIES " In the Central Excises and Salt Act, 1944
Section71 - AMENDMENT OF SECTION 2 " In section 2 of the Central Excises Act, for clause
Section72 - AMENDMENT OF SECTION 11A " In section 11 A of the Central Excises Act, in sub-section
Section73 - INSERTION OF NEW SECTION 11AA " After section IIA of the Central Excise Act, the following section shall be inserted,
Section74 - AMENDMENT OF SECTION 11B In section 11B of the Central Excises Act, in sub-section
Section75 - INSERTION OF NEW SECTION 11BB After section 11B of the Central Excises Act, the following section shall be inserted,
Section76 - INSERTION OF NEW SECTION 14A After section 14 of the Central Excises Act, the following section shall be inserted;
Section77 - AMENDMENT OF SECTION 35D " In section 35D of the Central Excises Act, sub-section
Section78 - AMENDMENT OF SECTION 37 " In section 37 of the Central Excises Act,"
Section79 - AMENDMENT OF SECTION 38 " In section 38 of the Central Excises Act, for sub-section
Section80 - AMENDMENT OF ACT 5 OF 1986 " The Central Excise Tariff Act, 1985
Section81 - AMENDMENT OF ACT 58 OF 1957 " The Additional Duties of Excise
Section82 - AMENDMENT OF ACT 19 OF 1838 " In the Coasting Vessels Act, 1838, for the expression "Collector of Sea Customs," the
Section83 - AMENDMENT OF ACT 23 OF 1940 "-In the Drugs and Cosmetics Act, 1940, for the expression "Customs Collector," the
Section84 - AMENDMENT OF ACT 27 OF 1940 " In the Agricultural Produce Cess Act, 1940,"
Section85 - AMENDMENT OF ACT 7 OF 1942 " In the Coffee Act, 1942"
Section86 - AMENDMENT OF ACT 29 OF 1953 " In the Tea Act, 1953,"
Section87 - AMENDMENT OF ACT 37 OF 1954 " In the Prevention of Food Adulteration Act, 1954, for the expression "Customs Collector,"
Section88 - AMENDMENT OF ACT 43 OF 1958 " In the Trade and Merchandise Marks Act, 1958, for the expression "Chief Customs Officer,"
Section89 - AMENDMENT OF ACT 54 OF 1959 " In the Arms Act, 1959, for the expression "Collector of Customs," wherever it occurs, the
Section90 - AMENDMENT OF ACT 52 OF 1963 " In the Unit Trust of India-Act, 1963, in section 32, in sub-section
Section91 - AMENDMENT OF ACT 46 OF 1973 " In the Foreign Exchange Regulation Act, 1973 for the expressions "Collector of customs"
Section92 - REPEAL OF ACT 38 OF 1974 " The Compulsory Deposit Scheme

Frequently asked questions

What is the Finance Act, 1995?

The Finance Act, 1995, enacted in 1995, 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.

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