{"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":"65","heading":"Amendment of Act 20 of 1963","text":"Amendment of Act 20 of 1963 65. In the Compulsory Deposit Scheme Act, 1963, in section 4, after sub-section (9), the following sub-sections shall be inserted, namely:— \"(9A) If any person has deposited any amount under the provisions of sub-section (3) or sub-section (4) which is in excess of the amount of additional surcharge payable by him, such excess shall, on an application made by that person, be refunded to him with interest due thereon, in such manner as the Central Government thinks fit. (9B) If any person who is liable to pay advance tax under the Income-tax Act has made a deposit under the provisions of sup-section (5) in the financial year commencing on the first day of April, 1963, the amount of such deposit shall, on an application made by that person be refunded to him with interest due thereon in such manner as the Central Government thinks fit.\". [Finance Act, 1964] © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of Act 20 of 1963</b></p><p><b>65.</b> In the Compulsory Deposit Scheme Act, 1963, in section 4, after sub-section (<i>9</i>), the following sub-sections shall be inserted, namely:—</p><p>\"(<i>9A</i>) If any person has deposited any amount under the provisions of sub-section (<i>3</i>) or sub-section (<i>4</i>) which is in excess of the amount of additional surcharge payable by him, such excess shall, on an application made by that person, be refunded to him with interest due thereon, in such manner as the Central Government thinks fit.</p><p>(<i>9B</i>) If any person who is liable to pay advance tax under the Income-tax Act has made a deposit under the provisions of sup-section (<i>5</i>) in the financial year commencing on the first day of April, 1963, the amount of such deposit shall, on an application made by that person be refunded to him with interest due thereon in such manner as the Central Government thinks fit.\".</p><p>[Finance Act, 1964]</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":160,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-1964/section/65/","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."}