{"act":{"id":"finance-act-2007","short_title":"The Finance Act, 2007","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2007-2008.","act_number":null,"act_year":2007,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":96,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2007/"},"unit":"section","section":{"number":"19","heading":"Amendment of section 56","text":"Amendment of section 56. 19. In section 56 of the Income-tax Act, in sub-section (2), in clause (v) , in the proviso, the following sub-clauses shall be deemed to have been inserted with effect from the 1st day of April, 2005, namely:— \"(e ) from any local authority as defined in the Explanation  to clause (20)  of section 10; or (f ) from any fund or foundation or university or other educational institution or hospital or other medical institution or any trust or institution referred to in clause (23C)  of section 10; or (g ) from any trust or institution registered under section 12AA.\". © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 56.</b></p><p><b>19.</b> In section 56 of the Income-tax Act, in sub-section (2), in clause (<i>v</i>) <i>, </i>in the proviso, the following sub-clauses shall be deemed to have been inserted with effect from the 1st day of April, 2005, namely:—</p><p>\"(<i>e</i> ) from any local authority as defined in the <i>Explanation </i> to clause (<i>20</i>) <i> </i>of section 10; or</p><p>(<i>f</i> ) from any fund or foundation or university or other educational institution or hospital or other medical institution or any trust or institution referred to in clause (<i>23C</i>)<i> </i> of section 10; or</p><p>(<i>g</i> ) from any trust or institution registered under section 12AA.\".</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":110,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2007/section/19/","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."}