{"act":{"id":"finance-act-2005","short_title":"The Finance Act, 2005","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2005-2006.","act_number":"18","act_year":2005,"enact_date":"2005-05-13","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":70,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2005/"},"unit":"section","section":{"number":"7","heading":"Amendment of section 17","text":"Amendment of section 17. 7. In section 17 of the Income-tax Act, in clause (2) , for sub-clause (vi), the following sub-clause shall be substituted, with effect from the 1st day of April, 2006, namely:— \"( vi) the value of any other fringe benefit or amenity (excluding the fringe benefits chargeable to tax under Chapter XII-H) as may be prescribed:\". © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 17.</b></p><p><b>7.</b> In section 17 of the Income-tax Act, in clause (<i>2</i>) <i>, </i>for sub-clause (<i>vi</i>), the following sub-clause shall be substituted, with effect from the 1st day of April, 2006, namely:—</p><p><i> </i>\"( <i>vi</i>)<i> </i>the value of any other fringe benefit or amenity (excluding the fringe benefits chargeable to tax under Chapter XII-H) as may be prescribed:\".</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":66,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2005/section/7/","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."}