{"act":{"id":"finance-act-2004","short_title":"The Finance Act, 2004","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2004-2005.","act_number":null,"act_year":2004,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":68,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2004/"},"unit":"section","section":{"number":"65","heading":"Amendment of section 35HA of Act 27 of 1957","text":"Wealth-tax Amendment of section 35HA of Act 27 of 1957. 65. In section 35HA of the Wealth-tax Act, 1957, after sub-sec­tion (2), the following sub-section shall be inserted with effect from the 1st day of October, 2004, namely:— \"(3) Where an offence under this Act has been committed by a person, being a company and such offence is punishable with imprisonment and fine, then, without prejudice to the provisions contained in sub-section (1) or sub-section (2), such company shall be punished with fine and every person, referred to in sub-section (1) or the director, manager, secretary or other officer of the company referred to in sub-section (2), shall be liable to be proceeded against and punished in accordance with the provi­sions of this Act.\". ** | ** | ** © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><i>Wealth-tax</i></p><p><b>Amendment of section 35HA of Act 27 of 1957.</b></p><p><b>65.</b> In section 35HA of the Wealth-tax Act, 1957, after sub-sec­tion (2), the following sub-section shall be inserted with effect from the 1st day of October, 2004, namely:—</p><p>\"(3) Where an offence under this Act has been committed by a person, being a company and such offence is punishable with imprisonment and fine, then, without prejudice to the provisions contained in sub-section (1) or sub-section (2), such company shall be punished with fine and every person, referred to in sub-section (1) or the director, manager, secretary or other officer of the company referred to in sub-section (2), shall be liable to be proceeded against and punished in accordance with the provi­sions of this Act.\".</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>**</td><td>**</td><td>**</td></tr></table></div><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":135,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2004/section/65/","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."}