{"act":{"id":"finance-act-2008","short_title":"The Finance Act, 2008","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2008-2009.","act_number":null,"act_year":2008,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":71,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2008/"},"unit":"section","section":{"number":"57","heading":"Amendment of section 292C","text":"Amendment of section 292C. 57. Section 292C of the Income-tax Act shall be renumbered as sub-section (1) thereof and— (a ) in sub-section (1) as so renumbered, after the words and figures \"search under section 132\", the words, figures and letter \"or survey under section 133A\" shall be inserted and shall be deemed to have been inserted with effect from the 1st day of June, 2002; (b ) after sub-section (1) as so renumbered, the following sub-section shall be inserted, and shall be deemed to have been inserted with effect from the 1st day of October, 1975 namely:— \"(2) Where any books of account, other documents or assets have been delivered to the requisitioning officer in accordance with the provisions of section 132A, then, the provisions of sub-section (1) shall apply as if such books of account, other documents or assets which had been taken into custody from the person referred to in clause (a) or clause (b) or clause (c), as the case may be, of sub-section (1) of section 132A, had been found in the possession or control of that person in the course of a search under section 132.\". © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 292C.</b></p><p><b>57.</b> Section 292C of the Income-tax Act shall be renumbered as sub-section (1) thereof and—</p><p>(<i>a</i> ) in sub-section (1) as so renumbered, after the words and figures \"search under section 132\", the words, figures and letter \"or survey under section 133A\" shall be inserted and shall be deemed to have been inserted with effect from the 1st day of June, 2002;</p><p>(<i>b</i> ) after sub-section (1) as so renumbered, the following sub-section shall be inserted, and shall be deemed to have been inserted with effect from the 1st day of October, 1975 namely:—</p><p>\"(2) Where any books of account, other documents or assets have been delivered to the requisitioning officer in accordance with the provisions of section 132A, then, the provisions of sub-section (1) shall apply as if such books of account, other documents or assets which had been taken into custody from the person referred to in clause (<i>a</i>) or clause (<i>b</i>) or clause (<i>c</i>), as the case may be, of sub-section (1) of section 132A, had been found in the possession or control of that person in the course of a search under section 132.\".</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":198,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2008/section/57/","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."}