Section Text
In section 201 of the Income-tax Act, in sub-section (1A), for the words "twelve per cent. per annum", the words "one per cent. for every month or part of a month" shall be substituted with effect from the 1st day of April, 2008.
Finance Act 2007 Section 59
Bare act section · Research
About this section
Finance Act 2007 Section 59 is part of Finance Act 2007 - Amendment of Section 201. Read the section text below and explore Indian court judgments that cite it.
Research copy - verify against official government publications before filing or court use.
Frequently asked questions
What does Finance Act 2007 Section 59 provide?
Section Section 59 of the Finance Act 2007 (Amendment of Section 201) is reproduced on this page as part of the Finance Act 2007. 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 2007 Section 59?
Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act 2007 Section 59. 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.