Title : Amendment of Section 272a
State : Central
Year : 2003
In section 272A of the Income-tax Act, in sub-section (2), after clause (i), the following clause shall be inserted, namely:-- "(j) to deliver or cause to be delivered in due time a copy of the declaration referred to in sub-section (1A) of section 206C,". View Complete Act List Judgments citing this sectionTitle : Amendment of Section 34a
State : Central
Year : 2003
In section 34A of the Wealth-tax Act,-- (a) in sub-section (3), for the words "eight per cent.", the words "six per cent." shall be substituted; (b) in sub-section (4B), in clause (a), for the words "two-third per cent.", the words "one-half per cent." shall be substituted. View Complete Act List Judgments citing this sectionTitle : Amendment of Section 14 of Act 35 of 1987
State : Central
Year : 2003
In section 14 of the Expenditure-tax Act, 1987(35 of 1987), for the words "one and one-fourth per cent.", the words "one per cent." shall be substituted.op View Complete Act List Judgments citing this sectionTitle : Amendment of Section 12a
State : Central
Year : 2006
In section 12A of the Income-tax Act, in clause (b), for the words and figures "the provisions of section 11 and section 12 exceeds fifty-thousand rupees in any previous year", the words and figures "the provisions of section 11 and section 12 exceeds the maximum amount which is not chargeable to income-tax in any previous year" shall be substituted with effect from the 1st day of April, 2006. View Complete Act List Judgments citing this sectionTitle : Amendment of Section 35ac
State : Central
Year : 2006
In section 35AC of the Income-tax Act, after sub-section (2), the following Explanation shall be inserted with effect from the 1st day of April, 2006, namely:-- "Explanation.--The deduction, to which the assessee is entitled in respect of any sum paid to a public sector company or a local authority or to an association or institution for carrying put the eligible project or scheme referred to in this section applies, shall not be denied merely on the ground that subsequent to the payment of such sum by the assessee,-- (a) the approval granted to such association or institution has been withdrawn; or (b) the notification notifying the eligible project or scheme carried out by the public sector company or local authority or association or institution has been withdrawn.". View Complete Act List Judgments citing this sectionTitle : Amendment of Section 35cca
State : Central
Year : 2006
In section 35CCA of the Income-tax Act, after sub-section (2A), the following Explanation shall be inserted with effect from the 1st day of April, 2006, namely:-- "Explanation.--The deduction, to which the assessee is entitled in respect of any sum paid to an association or institution for carrying out the programme of rural development referred to in sub-section (1), shall not be denied merely on the ground that subsequent to the payment of such sum by the assessee, the approval granted to such programme of rural development, or as the case may be, to the association or institution has been withdrawn.". View Complete Act List Judgments citing this sectionTitle : Amendment of Section 40
State : Central
Year : 2006
In section 40 of the Income-tax Act, in clause (a), in sub-clause (ia), with effect from the 1st day of April, 2006,-- (a) after the words "commission or brokerage,", the words "rent, royalty," shall be inserted; (b) in the Explanation, after clause (iv), the following clauses shall be inserted at the end, namely:-- '(v) "rent" shall have the same meaning as in clause (i) to the Explanation to section 194-I; (vi) "royalty" shall have the same meaning as in Explanation 2 to clause (vi) of sub-section (1) of section 9;'. View Complete Act List Judgments citing this sectionTitle : Amendment of Section 80gga
State : Central
Year : 2006
In section 80GGA of the Income-tax Act, in sub-section (2), with effect from the 1st day of April, 2006 -- (a) after clause (aa), the following Explanation shall be inserted, namely:-- "Explanation.--The deduction, to which the assessee is entitled in respect of any sum paid to a scientific research association, University, college or other institution to which clause (a) or clause (aa) applies, shall not be denied merely on the ground that, subsequent to the payment of such sum by the assessee, the approval to such association, University, college or other institution referred to in clause (a) or clause (aa), as the case may be, has been withdrawn;"; (b) after clause (b), the following Explanation shall be inserted, namely:-- "Explanation.--The deduction, to which the assessee..... View Complete Act List Judgments citing this sectionTitle : Amendment of Section 143
State : Central
Year : 2006
In section 143 of the Income-tax Act, in sub-section (3), after the proviso, the following proviso shall be inserted with effect from the 1st day of April, 2006, namely:-- "Provided further that where the Assessing Officer is satisfied that the activities of the university, college or other institution referred to in clause (ii) and clause (iii) of sub-section (1) of section 35 are not being carried out in accordance with all or any of the conditions subject to which such university, college or other institution was approved, he may, after giving a reasonable opportunity of showing cause against the proposed withdrawal to the concerned university, college or other institution, recommend to the Central Government to withdraw the approval and that Government may by order, withdraw the..... View Complete Act List Judgments citing this sectionTitle : Amendment of Section 155
State : Central
Year : 2006
In section 155 of the Income-tax Act, after sub-section (11), the following sub-section shall be inserted, namely:-- "(11A) Where in the assessment for any year, the deduction under section 10A or section 10B or section 10BA has not been allowed on the ground that such income has not been received in convertible foreign exchange in India, or having been received in convertible foreign exchange outside India, or having been converted into convertible foreign exchange outside India, has not been brought into India, by or on behalf of the assessee with the approval of the Reserve Bank of India or such other authority as is authorised under any law for the time being in force for regulating payments and dealings in foreign exchange and subsequently such income or part thereof has been or..... View Complete Act List Judgments citing this section