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TypeBare Act JurisdictionCentral Government

Finance Act, 2000 Section 55

AMENDMENT OF SECTION 115-R In Section 115-R of the Income Tax Act, with effect from the 1st day of June, 2000,

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https://sooperkanoon.com/act/455254

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About this section

Finance Act, 2000 Section 55 is part of Finance Act, 2000 - AMENDMENT OF SECTION 115-R In Section 115-R of the Income Tax Act, with effect from the 1st day of June, 2000,. Read the section text below and explore Indian court judgments that cite it.

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Section Text

a) in sub-sections (1) and (2), for the words "ten per cent", the words "twenty per cent" shall be substituted;

(b) after sub-section (3), the following sub-section shall be inserted, namely :- "(3 -A) The person responsible for making payment of the income distributed by the Unit Trust of India or a Mutual Fund and the Unit Trust of India or the Mutual Fund, as the case may be, shall on or before the 15 th day of September in each year, furnish to the prescribed income-tax authority, a statement in the prescribed form and verified in the prescribed manner, giving the details of the amount of income distributed to unit holders during the previous year, the tax paid thereon and such other relevant details as may be prescribed.".

Frequently asked questions

What does Finance Act, 2000 Section 55 provide?

Section Section 55 of the Finance Act, 2000 (AMENDMENT OF SECTION 115-R In Section 115-R of the Income Tax Act, with effect from the 1st day of June, 2000,) is reproduced on this page as part of the Finance Act, 2000. 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, 2000 Section 55?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 2000 Section 55. 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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