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TypeBare Act JurisdictionCentral Government

Finance Act, 1982 Section 27

Amendment of Section 245b

~1 min read
https://sooperkanoon.com/act/19747

Bare act section · Research

About this section

Finance Act, 1982 Section 27 is part of Finance Act, 1982 - Amendment of Section 245b. Read the section text below and explore Indian court judgments that cite it.

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Section Text

In section 245B of the Income-tax Act, after sub-section (2) the following sub-section shall be inserted, namely :-

"(2A) Notwithstanding anything contained in sub-section (2) when the post of one of the other members of the Settlement Commission is vacant for any reason, the Chairman and the other member of the Settlement Commission may function as, and exercise and discharge the powers and functions of, the Settlement Commission under this Chapter :

Provided that if in any case the Chairman and members so functioning differ on any point or points, they shall state the point or points on which they differ and refer the same, as soon as may be after the said vacancy is filled, to the member appointed to file the vacancy for hearing on such point or points and such point or points shall be decided according to his opinion.".

Frequently asked questions

What does Finance Act, 1982 Section 27 provide?

Section Section 27 of the Finance Act, 1982 (Amendment of Section 245b) is reproduced on this page as part of the Finance Act, 1982. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Finance Act, 1982 Section 27?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 1982 Section 27. Advanced act search can narrow results by court, year, or additional act filters.

Is the section 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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