{"act":{"id":"finance-act-2003","short_title":"The Finance Act, 2003","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2003-2004.","act_number":null,"act_year":2003,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":108,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2003/"},"unit":"section","section":{"number":"41","heading":"Amendment of section 80L","text":"Amendment of section 80L. 41. In section 80L of the Income-tax Act, in sub-section (1),— (a) clauses (iv), (v ) and (va) shall be omitted with effect from the 1st day of April, 2004; (b) in clauses (1) and ( 2), for the words \"nine thousand\", the words \"twelve thousand\" shall be substituted. © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 80L.</b></p><p><b>41.</b> In section 80L of the Income-tax Act, in sub-section (1),—</p><p>(<i>a</i>) clauses (<i>iv</i>), (<i>v</i> ) and (<i>va</i>) shall be omitted with effect from the 1st day of April, 2004;</p><p>(<i>b</i>) in clauses (<i>1</i>) and ( <i>2</i>), for the words \"nine thousand\", the words \"twelve thousand\" shall be substituted.</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":59,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2003/section/41/","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."}