{"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":"76","heading":"Amendment of Act 23 of 2004","text":"Amendment of Act 23 of 2004. 76. In Finance (No. 2) Act, 2004, with effect from the 1st day of June, 2006,— (a ) in section 97, in clause (5), in sub-clause (i), for the words \"fifty per cent\", the words \"sixty-five per cent\" shall be substituted; (b ) in section 98, in the Table,— (i) against sl. No. 1, under column (3) relating to rate, for the figures and words \"0.1 per cent\", the figures and words \"0.125 per cent\" shall be substituted; (ii) against Sl. No. 2, under column (3) relating to rate, for the figures and words \"0.1 per cent\", the figures and words \"0.125 per cent\" shall be substituted; (iii) against Sl. No. 3, under column (3) relating to rate, for the figures and words \"0.02 per cent\", the figures and words \"0.025 per cent\" shall be substituted; (iv) against Sl. No. 4, under column (3) relating to rate, for the figures and words \"0.0133 per cent\", the figures and words ‘0.017 per cent\" shall be substituted; (v) against Sl. No. 5, under column (3) relating to rate, for the figures and words \"0.2 per cent\", the figures and words \"0.25 per cent\" shall be substituted. ** | ** | ** © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of Act 23 of 2004.</b></p><p><b>76.</b> In Finance (No. 2) Act, 2004, with effect from the 1st day of June, 2006,—</p><p>(<i>a</i> ) in section 97, in clause (<i>5</i>), in sub-clause (<i>i</i>), for the words \"fifty per cent\", the words \"sixty-five per cent\" shall be substituted;</p><p>(<i>b</i> ) in section 98, in the Table,—</p><p>(<i>i</i>) against sl. No. 1, under column (3) relating to rate, for the figures and words \"0.1 per cent\", the figures and words \"0.125 per cent\" shall be substituted;</p><p>(<i>ii</i>) against Sl. No. 2, under column (3) relating to rate, for the figures and words \"0.1 per cent\", the figures and words \"0.125 per cent\" shall be substituted;</p><p>(<i>iii</i>) against Sl. No. 3, under column (3) relating to rate, for the figures and words \"0.02 per cent\", the figures and words \"0.025 per cent\" shall be substituted;</p><p>(<i>iv</i>) against Sl. No. 4, under column (3) relating to rate, for the figures and words \"0.0133 per cent\", the figures and words ‘0.017 per cent\" shall be substituted;</p><p>(<i>v</i>) against Sl. No. 5, under column (3) relating to rate, for the figures and words \"0.2 per cent\", the figures and words \"0.25 per cent\" shall be substituted.</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":211,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2006/section/76/","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."}