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TypeBare Act JurisdictionCentral Government

Finance (No. 2) Act, 1998

Complete Act - all sections

~3 min read
https://sooperkanoon.com/act/51387

Bare act · Research

About this act

Finance (No. 2) Act, 1998 (1998) is Central state legislation published on SooperKanoon in full. Use this page to read the bare act and jump to judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Find citing judgments Supreme Court, High Courts & tribunals

Act Text

Preamble1 - Finance (No. 2) Act, 1998
ChapterI - Preliminary
Section1 - Short Title and Commencement
ChapterII - Rates of Income-tax
Section2 - Income-tax
ChapterIII - Direct Taxes
Section3 - Substitution of New Authorities
Section4 - Amendment of Section 2
Section5 - Amendment of Section 10
Section6 - Amendment of Section 16
Section7 - Amendment of Section 17
Section8 - Amendment of Section 24
Section9 - Amendment of Section 32
Section10 - Insertion of New Section 33aba
Section11 - Amendment of Section 35
Section12 - Amendment of Section 35a
Section13 - Amendment of Section 35ab
Section14 - Amendment of Section 35d
Section15 - Amendment of Section 37
Section16 - Amendment of Section 41
Section17 - Amendment of Section 42
Section18 - Amendment of Section 43
Section19 - Amendment of Section 43b
Section20 - Amendment of Section 44aa
Section21 - Amendment of Section 47
Section22 - Amendment of Section 47a
Section23 - Insertion of New Section 50a
Section24 - Amendment of Section 54h
Section25 - Amendment of Section 69c
Section26 - Insertion of New Section 71b
Section27 - Amendment of Section 72a
Section28 - Substitution of New Section for Sections 80-dd and 80-dda
Section29 - Amendment of Section 80-g
Section30 - Insertion of New Section 80-gg
Section31 - Insertion of New Section 80-hhba
Section32 - Amendment of Section 80-hhd
Section33 - Amendment of Section 80-hhe
Section34 - Amendment of Section 80-ia
Section35 - Insertion of New Section 80jja
Section36 - Insertion of New Section 80jja
Section37 - Amendment of Section 80p
Section38 - Amendment of Section 115ad
Section39 - Amendment of Section 116
Section40 - Amendment of Section 139
Section41 - Amendment of Section 139a
Section42 - Amendment of Section 143
Section43 - Insertion of New Section 145a
Section44 - Amendment of Section 158ba
Section45 - Amendment of Section 158bb
Section46 - Amendment of Section 158be
Section47 - Amendment of Section 192
Section48 - Amendment of Chapter Xix-b
Section49 - Insertion of New Section 246a
Section50 - Amendment of Section 249
Section51 - Amendment of Section 252
Section52 - Amendment of Section 253
Section53 - Amendment of Section 254
Section54 - Amendment of Section 255
Section55 - Amendment of Section 256
Section56 - Amendment of Section 257
Section57 - Amendment of Section 260
Section58 - Insertion of New Sub-heading and Sections in Chapter Xx
Section59 - Amendment of Section 261
Section60 - Amendment of Section 264
Section61 - Substitution of New Section for Section 271f
Section62 - Amendment of Section 272a
Section63 - Amendment of Section 285b
Section64 - Amendment of First Schedule
Section65 - Consequential Amendments
Section66 - Section 66
Section67 - Section 67
Section68 - Section 68
Section69 - Section 69
Section70 - Section 70
Section71 - Section 71
Section72 - Section 72
Section73 - Section 73
Section74 - Section 74
Section75 - Amendment of Section 3
Section76 - Application of the Provisions of the Wealth-tax Act
Section77 - Amendment of Section 3
Section78 - Amendment of Section 15
Section79 - Amendment of Section 16
Section80 - Amendment of Section 20
Section81 - Amendment of Section 3
Section82 - Amendment of Section 6
Section83 - Amendment of Section 21
Section84 - Amendment of Section 22
Section85 - Amendment of Section 23
ChapterIV - Kar Vivad Samadhan Scheme, 1998
Section86 - Short Title and Commencement
Section87 - Definitions
Section88 - Settlement of Tax Payable
Section89 - Particulars to Be Furnished in Declaration
Section90 - Time and Manner of Payment of Tax Arrear
Section91 - Immunity from Prosecution and Imposition of Penalty in Certain Cases
Section92 - Appellate Authority Not to Proceed in Certain Cases
Section93 - No Refund of Amount Paid Under the Scheme
Section94 - Removal of Doubts
Section95 - Scheme Not to Apply in Certain Cases
Section96 - Power of Central Government to Issue Directions
Section97 - Power to Remove Difficulties
Section98 - Power to Make Rules
ChapterV - Indirect Taxes
Section99 - Amendment of Section 25
Section100 - Amendment of Section 27
Section101 - Substitution of New Section for Section 53 to 55
Section102 - Insertion of New Chapter Xiva
Section103 - Additional Duty of Customs (Motor Spirit)
Section104 - Amendment of Act 51 of 1975
Section105 - Amendment of Section 4a
Section106 - Amendment of Section 5a
Section107 - Amendment of Section 9
Section108 - Amendment of Section 11b
Section109 - Amendment of Section 35b
Section110 - Insertion of New Chapter V
Section111 - Additional Duty of Excise (Motor Spirit)
Section112 - Amendment of Act 5 of 1986
Section113 - Amendment of Act 58 of 1957
Section114 - Amendment of Act 40 of 1978
Section115 - Amendment of Act 16 of 1955
ChapterVI - Service Tax
Section116 - Amendment of Act 32 of 1994
ChapterVII - Miscellaneous
Section117 - Omission of Section 37 of Act 28 of 1981
Section118 - Amendment of Act 6 of 1898
Section119 - Repeal
ScheduleI - First Schedule

Frequently asked questions

What is the Finance (No. 2) Act, 1998?

The Finance (No. 2) Act, 1998, enacted in 1998, is Central state legislation available in full text on SooperKanoon. It is commonly used for legal research alongside judgments that interpret and apply its provisions.

How can I find court judgments citing the Finance (No. 2) Act, 1998?

Use “Find citing judgments” on this page to search reported decisions from Indian courts and tribunals that reference the Finance (No. 2) Act, 1998. You can also start from the Bare Acts hub or run an advanced act search for tighter filters.

Is the act 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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