{"act":{"id":"finance-act-2000","short_title":"The Finance Act, 2000","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2000-2001.","act_number":null,"act_year":2000,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":82,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2000/"},"unit":"section","section":{"number":"121","heading":"Amendment of Act 21 of 1999","text":"Amendment of Act 21 of 1998. 121. In the Finance (No. 2) Act, 1998, with effect from the 1st day of September, 1998,— (a) in section 88, in clause (e), in sub-clause (ii), for the words \"two per cent of the tax arrear\", the words \"two per cent of the disputed chargeable interest\" shall be substituted and shall be deemed to have been substituted; (b) in section 90, in sub-section (2), for the words \"within thirty days of the passing of an order by the designated authority\", the words \"within thirty days from the date of re­ceipt of an order passed by the designated authority\" shall be substituted and shall be deemed to have been substituted. © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of Act 21 of 1998.</b></p><p><b>121.</b> In the Finance (No. 2) Act, 1998, with effect from the 1st day of September, 1998,—</p><p>(<i>a</i>) in section 88, in clause (<i>e</i>), in sub-clause (<i>ii</i>), for the words \"two per cent of the tax arrear\", the words \"two per cent of the disputed chargeable interest\" shall be substituted and shall be deemed to have been substituted;</p><p>(<i>b</i>) in section 90, in sub-section (2), for the words \"within thirty days of the passing of an order by the designated authority\", the words \"within thirty days from the date of re­ceipt of an order passed by the designated authority\" shall be substituted and shall be deemed to have been substituted.</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":122,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2000/section/121/","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."}