Skip to content
Try for free

Statute → case law

See how courts applied this provision

Jump to judgments under this act, then open an AI Brief on any order. Semantic Search helps you ask in plain English.

  • AI Brief & Ask
  • Semantic AI Search
Try free for 7 days Explore AI Studio

Credentials emailed - log in to pick up where you left off.

TypeBare Act JurisdictionCentral Government

Finance Act, 2005 Section 271

In Section 271 of the Income Tax Act, with effect from the 1st day of April, 2006

~1 min read
https://sooperkanoon.com/act/455520

Bare act section · Research

About this section

Finance Act, 2005 Section 271 is part of Finance Act, 2005 - In Section 271 of the Income Tax Act, with effect from the 1st day of April, 2006. 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.

Find citing judgments Supreme Court, High Courts & tribunals Advanced act search Filter by court, year, and more

Section Text

SECTION 58: Amendment of a) in sub-section (1), (A) in clause (b), for the words, brackets and figures "under sub-section (1) of Section 142", the words, brackets, figures and letters "under sub-section (2) of Section 115-WD or under sub-section (2) of Section 115-WE or under sub-section (1) of Section 142" shall be substituted;

(B) in clause (c), for the words "such income", the words "such income, or" shall be substituted;

(C) after clause (c), the following clause shall be inserted, namely: "(d) has concealed the particulars of the fringe benefits or furnished inaccurate particulars of such fringe benefits, (D) in sub-clause (iii), (i) for the word, brackets and letter "clause (c) the words, brackets and letters "clause (c) or clause (d)" shall be substituted;

(ii) for the word "income", at both the places where it occurs, the words "income or fringe benefits" shall be substituted;

(b) after sub-section (5), the following sub-section shall be inserted, namely: - "(6) Any reference in this section to the income shall be construed as a reference to the income or fringe benefits, as the case may be and the previsions of this section shall, as far as may be, apply in relation to any assessment in respect of fringe benefits also."

Frequently asked questions

What does Finance Act, 2005 Section 271 provide?

Section Section 271 of the Finance Act, 2005 (In Section 271 of the Income Tax Act, with effect from the 1st day of April, 2006) is reproduced on this page as part of the Finance Act, 2005. 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, 2005 Section 271?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 2005 Section 271. 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.

AI Briefs · Semantic Search · Save & annotate judgments

Start your 7-day free trial
1M+ judgments indexed

Brief any judgment in 18 sections.

Search Supreme Court, High Courts, and tribunals - then open an AI Brief on any result. Core search is free; full AI desk free for 7 days.

Start 7-day free trial - no card Talk to Sales