{"act":{"id":"finance-act-1999","short_title":"The Finance Act, 1999","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 1999-2000.","act_number":null,"act_year":1999,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":102,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-1999/"},"unit":"section","section":{"number":"90","heading":"Consequential amendments","text":"Consequential amendments. 90. The following amendments (being consequential in nature) shall be made in the Income-tax Act with effect from the 1st day of April, 2000, namely :— (a ) in section 10A, in sub-section (4), in clause (iii ), after the word, figures and letters \"section 80-IA\", the words, figures and letters \"or section 80-IB\" shall be inserted; (b ) in section 10B, in sub-section (4), in clause (iii ), after the word, figures and letters \"section 80-IA\", the words, figures and letters \"or section 80-IB\" shall be inserted; (c ) in section 80A, in sub-section (3), after the word, figures and letters \"section 80-IA\", the words, figures and letters \"or section 80-IB\" shall be inserted; (d ) in section 88, in sub-section (2), in clause (xvi ), in the Explanation, in clause (ii), for the words, figures, brackets and letters \"clause (ca) of sub-section (12) of section 80-IA\", the words, brackets, figures and letters \"the Explanation to sub-section (4) of section 80-IA\" shall be substituted; (e ) in section 115JA,— (i) in sub-section (2), in the Explanation,— (A) in clause (v),— (i) for the words, brackets, letters and figures \"sub-clause (b) or sub-clause (c) of clause (iv) of sub-section (2) of section 80-IA\", the words, brackets, figures and letters \"sub-section (4) and sub-section (5) of section 80-IB\" shall be sub­stituted; (ii) for the words, brackets, figures and letters \"profits and gains under sub-section (5) of section 80-IA\", the words, brackets, figures and letters \"profits and gains under sub-section (4) or sub-section (5) of section 80-IB\" shall be substi­tuted; (B) in clause (vi), for the words, brackets, figures and letters \"under sub-section (12) of section 80-IA and subject to fulfill­ing the conditions laid down in sub-section (4A) of section 80-IA\", the words, brackets, figures and letters \"as defined in the Explanation to sub-section (4) of section 80-IA and subject to fulfilling the conditions laid down in that sub-section\" shall be substituted. © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Consequential amendments.</b></p><p><b>90.</b> The following amendments (being consequential in nature) shall be made in the Income-tax Act with effect from the 1st day of April, 2000, namely :—</p><p>(<i>a</i> ) in section 10A, in sub-section (4), in clause (<i>iii</i> ), after the word, figures and letters \"section 80-IA\", the words, figures and letters \"or section 80-IB\" shall be inserted;</p><p>(<i>b</i> ) in section 10B, in sub-section (4), in clause (<i>iii</i> ), after the word, figures and letters \"section 80-IA\", the words, figures and letters \"or section 80-IB\" shall be inserted;</p><p>(<i>c</i> ) in section 80A, in sub-section (3), after the word, figures and letters \"section 80-IA\", the words, figures and letters \"or section 80-IB\" shall be inserted;</p><p>(<i>d</i> ) in section 88, in sub-section (2), in clause (<i>xvi</i> ), in the <i>Explanation,</i> in clause (<i>ii</i>), for the words, figures, brackets and letters \"clause (<i>ca</i>) of sub-section (12) of section 80-IA\", the words, brackets, figures and letters \"the <i>Explanation</i> to sub-section (4) of section 80-IA\" shall be substituted;</p><p>(<i>e</i> ) in section 115JA,—</p><p>(<i>i</i>) in sub-section (2), in the <i>Explanation,</i>—</p><p>(<i>A</i>) in clause (<i>v</i>),—</p><p>(<i>i</i>) for the words, brackets, letters and figures \"sub-clause (<i>b</i>) or sub-clause (<i>c</i>) of clause (<i>iv</i>) of sub-section (2) of section 80-IA\", the words, brackets, figures and letters \"sub-section (4) and sub-section (5) of section 80-IB\" shall be sub­stituted;</p><p>(<i>ii</i>) for the words, brackets, figures and letters \"profits and gains under sub-section (5) of section 80-IA\", the words, brackets, figures and letters \"profits and gains under sub-section (4) or sub-section (5) of section 80-IB\" shall be substi­tuted;</p><p>(<i>B</i>) in clause (<i>vi</i>), for the words, brackets, figures and letters \"under sub-section (12) of section 80-IA and subject to fulfill­ing the conditions laid down in sub-section (4A) of section 80-IA\", the words, brackets, figures and letters \"as defined in the <i>Explanation</i> to sub-section (4) of section 80-IA and subject to fulfilling the conditions laid down in that sub-section\" shall be substituted.</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":328,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-1999/section/90/","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."}