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TypeBare Act JurisdictionCentral Government

Finance Act, 2011, (Central) Section 12

Amendment of Section 80

~1 min read
https://sooperkanoon.com/act/64158

Bare act section · Research

About this section

Finance Act, 2011, (Central) Section 12 is part of Finance Act, 2011, (Central) - Amendment of Section 80. Read the section text below and explore Indian court judgments that cite it.

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Section Text

In section 80-IB of the Income-tax Act, in sub-section (9), in clause (ii), the following proviso shall be inserted with effect from the 1st day of April, 2012, namely:--

"Provided that the provisions of this clause shall not apply to blocks licensed under a contract awarded after the 31st day of March, 2011 under the New Exploration Licencing Policy announced by the Government of India vide Resolution No. O-19018/22/95-ONG.DO.VL, dated the 10th February, 1999 or in pursuance of any law for the time being in force or by the Central or a State Government in any other manner;".

Frequently asked questions

What does Finance Act, 2011, (Central) Section 12 provide?

Section Section 12 of the Finance Act, 2011, (Central) (Amendment of Section 80) is reproduced on this page as part of the Finance Act, 2011, (Central). 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, 2011, (Central) Section 12?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 2011, (Central) Section 12. 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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