{"act":{"id":"finance-act-1964","short_title":"The Finance Act, 1964","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 1964-1965.","act_number":"5","act_year":1964,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":57,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-1964/"},"unit":"section","section":{"number":"27","heading":"Amendment of section 109","text":"Amendment of section 109 27. In section 109 of the Income-tax Act,— (a) for the words and figures \"For the purposes of sections 104 and 105\", the words, figures and letter \"For the purposes of sections 104, 105 and 107A\" shall be substituted; (b) in clause (iii)— (i) sub-clause (2) shall be omitted; (ii) in sub-clause (3), for the words \"in any of the activities specified in the preceding clause\", the words \"in the manufacture or processing of goods or in mining or in the generation or distribution of electricity or any other form of power\" shall be substituted. [Finance Act, 1964] © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 109</b></p><p><b>27.</b> In section 109 of the Income-tax Act,—</p><p><span class=\"num\">(a)</span> for the words and figures \"For the purposes of sections 104 and 105\", the words, figures and letter \"For the purposes of sections 104, 105 and 107A\" shall be substituted;</p><p>(<i>b</i>) in clause (<i>iii</i>)—</p><p>(<i>i</i>) sub-clause (<i>2</i>) shall be omitted;</p><p>(<i>ii</i>) in sub-clause (<i>3),</i> for the words \"in any of the activities specified in the preceding clause\", the words \"in the manufacture or processing of goods or in mining or in the generation or distribution of electricity or any other form of power\" shall be substituted.</p><p>[Finance Act, 1964]</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":108,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-1964/section/27/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}