{"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":"94","heading":"Amendment of section 269T","text":"Amendment of section 269T. 94. In section 269T of the Income-tax Act, after the proviso and before the Explanation, the following proviso shall be inserted and shall be deemed to have been inserted with effect from the 1st day of June, 2002, namely :— \"Provided further that nothing contained in this section shall apply to repayment of any loan or deposit taken or accepted from— (i ) Government; (ii ) any banking company, post office savings bank or co-operative bank; (iii ) any corporation established by a Central, State or Provincial Act; (iv ) any Government company as defined in section 617 of the Companies Act, 1956 (1 of 1956); (v ) such other institution, association or body or class of institutions, associations or bodies which the Central Government may, for reasons to be recorded in writing, notify in this behalf in the Official Gazette.\". © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 269T.</b></p><p><b>94.</b> In section 269T of the Income-tax Act, after the proviso and before the <i>Explanation,</i> the following proviso shall be inserted and shall be deemed to have been inserted with effect from the 1st day of June, 2002, namely :—</p><p>\"<b>Provided further</b> that nothing contained in this section shall apply to repayment of any loan or deposit taken or accepted from—</p><p>(<i>i</i> ) Government;</p><p>(<i>ii</i> ) any banking company, post office savings bank or co-operative bank;</p><p>(<i>iii</i> ) any corporation established by a Central, State or Provincial Act;</p><p>(<i>iv</i> ) any Government company as defined in section 617 of the Companies Act, 1956 (1 of 1956);</p><p>(<i>v</i> ) such other institution, association or body or class of institutions, associations or bodies which the Central Government may, for reasons to be recorded in writing, notify in this behalf in the Official Gazette.\".</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":151,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2003/section/94/","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."}