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TypeBare Act JurisdictionCentral Government

Finance (No. 2) Act 2009 Section 14

Amendment of Section 36

~1 min read
https://sooperkanoon.com/act/25982

Bare act section · Research

About this section

Finance (No. 2) Act 2009 Section 14 is part of Finance (No. 2) Act 2009 - Amendment of Section 36. Read the section text below and explore Indian court judgments that cite it.

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Section Text

In section 36 of the Income-tax Act, in sub-section (1),--

(a) in clause (iiia), in the Explanation, in clause (i), after the words "public sector company", at both the places where they occur, the words "or scheduled bank" shall be inserted;

(b) in clause (viii), in the Explanation, in clause (b), for sub-clause (i), the following sub-clause shall be substituted with effect from the 1st day of April, 2010, namely:--

"(i) in respect of the specified entity referred to in sub-clause (i) or sub-clause (ii) or sub-clause (iii) or sub-clause (iv) of clause (a), the business of providing long-term finance for--

(A) industrial or agricultural development;

(B) development of infrastructure facility in India; or

(C) development of housing in India;";

(c) clause (xvi) shall be omitted.

Frequently asked questions

What does Finance (No. 2) Act 2009 Section 14 provide?

Section Section 14 of the Finance (No. 2) Act 2009 (Amendment of Section 36) is reproduced on this page as part of the Finance (No. 2) Act 2009. 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 (No. 2) Act 2009 Section 14?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance (No. 2) Act 2009 Section 14. 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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