{"act":{"id":"finance-act-1992","short_title":"The Finance Act, 1992","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 1992-1993.","act_number":"18","act_year":1992,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":109,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-1992/"},"unit":"section","section":{"number":"70","heading":"Amendment of section 193","text":"Amendment of section 193. 70. In section 193 of the Income-tax Act, with effect from the 1st, day of June, 1992,— (a) the first proviso shall be omitted; (b) in the second proviso, the word \"further\" shall be omitted; (c) in Explanation 1, the figure \"1\" shall be omitted; (d) Explanation 2 shall be omitted. [Finance Act, 1992] © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p>Amendment of section 193.</p><p><b>70.</b> In section 193 of the Income-tax Act, with effect from the 1st, day of June, 1992,—</p><p>(<i>a</i>) the first proviso shall be omitted;</p><p>(<i>b</i>) in the second proviso, the word \"further\" shall be omitted;</p><p>(<i>c</i>) in <i>Explanation</i> 1, the figure \"1\" shall be omitted;</p><p>(<i>d</i>) <i>Explanation</i> 2 shall be omitted.</p><p>[Finance Act, 1992]</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":64,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-1992/section/70/","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."}