{"act":{"id":"finance-act-2006","short_title":"The Finance Act, 2006","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2006-2007.","act_number":null,"act_year":2006,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":66,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2006/"},"unit":"section","section":{"number":"5","heading":"Amendment of section 10B","text":"Amendment of section 10B. 5. In section 10B of the Income-tax Act, in sub-section (1),— (a ) in the second proviso, for the word \"also\", the word \"further\" shall be substituted; (b ) after the third proviso, the following proviso shall be inserted, namely:— \" Provided also that no deduction under this section shall be allowed to an assessee who does not furnish a return of his income on or before the due date specified under sub-section (1) of section 139.\". © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 10B.</b></p><p><b>5.</b> In section 10B of the Income-tax Act, in sub-section (1),—</p><p>(<i>a</i> ) in the second proviso, for the word \"also\", the word \"further\" shall be substituted;</p><p>(<i>b</i> ) after the third proviso, the following proviso shall be inserted, namely:—</p><p>\" <b>Provided also</b> that no deduction under this section shall be allowed to an assessee who does not furnish a return of his income on or before the due date specified under sub-section (1) of section 139.\".</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":87,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2006/section/5/","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."}