{"act":{"id":"finance-act-1975","short_title":"The Finance Act, 1975","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 1975-1976.","act_number":"25","act_year":1975,"enact_date":"1975-05-09","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":31,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-1975/"},"unit":"section","section":{"number":"19","heading":"Amendment of section 172","text":"Amendment of section 172 19. In section 172 of the Income-tax Act, with effect from the 1st day of June, 1975,— (a) in sub-section (1), the words \", unless the Income-tax Officer is satisfied that there is an agent of the non-resident from whom the tax will be recoverable under the other provisions of this Act\" shall be omitted; (b) in sub-section (2), for the words \"one-sixth\", the words \"seven and a half per cent.\" shall be substituted, [Finance Act, 1975] © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 172</b></p><p><b>19.</b> In section 172 of the Income-tax Act, with effect from the 1st day of June, 1975,—</p><p>(<i>a</i>) in sub-section (<i>1</i>), the words \", unless the Income-tax Officer is satisfied that there is an agent of the non-resident from whom the tax will be recoverable under the other provisions of this Act\" shall be omitted;</p><p>(<i>b</i>) in sub-section (<i>2</i>), for the words \"one-sixth\", the words \"seven and a half per cent.\" shall be substituted,</p><p>[Finance Act, 1975]</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":87,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-1975/section/19/","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."}