{"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":"60","heading":"Amendment of section 194A","text":"Amendment of section 194A. 60. In section 194A of the Income-tax Act, in sub-section (3), in clause (i),— (a) for the words \"two thousand five hundred rupees\", the words \"five thousand rupees\" shall be substituted with effect from the 1st day of June, 2000; (b) in the proviso, in clause (c), for the words \"for residential purposes\", the words, brackets and figures \"for residential purposes and which is eligible for deduction under clause (viii) of sub-section (1) of section 36\" shall be substi­tuted. © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 194A.</b></p><p><b>60.</b> In section 194A of the Income-tax Act, in sub-section (3), in clause (<i>i</i>),—</p><p>(<i>a</i>) for the words \"two thousand five hundred rupees\", the words \"five thousand rupees\" shall be substituted with effect from the 1st day of June, 2000;</p><p>(<i>b</i>) in the proviso, in clause (<i>c</i>), for the words \"for residential purposes\", the words, brackets and figures \"for residential purposes and which is eligible for deduction under clause (<i>viii</i>) of sub-section (1) of section 36\" shall be substi­tuted.</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":89,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2000/section/60/","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."}