{"act":{"id":"finance-act-2009","short_title":"The Finance Act, 2009","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2009-2010.","act_number":null,"act_year":2009,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":89,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2009/"},"unit":"section","section":{"number":"115","heading":"Amendment of Chapter VII of Finance (No. 2) Act, 2004","text":"Amendment of Chapter VII of Finance (No. 2) Act, 2004. 115. In Chapter VII of the Finance (No. 2) Act, 2004 (23 of 2004), after section 113, the following section shall be inserted with effect from the 1st day of October, 2009, namely:— \"113A. Chapter VII not to apply in certain cases.—Notwithstand­ing anything contained in this Chapter, the provisions of this Chapter shall not apply to taxable securities transactions en­tered into by any person for, or on behalf of, the New Pension System Trust referred to in clause (44) of section 10 of the Income-tax Act, 1961 (43 of 1961).\". © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of Chapter VII of Finance (No. 2) Act, 2004.</b></p><p><b>115.</b> In Chapter VII of the Finance (No. 2) Act, 2004 (23 of 2004), after section 113, the following section shall be inserted with effect from the 1st day of October, 2009, namely:—</p><p>\"113A. <i>Chapter VII not to apply in certain cases.</i>—Notwithstand­ing anything contained in this Chapter, the provisions of this Chapter shall not apply to taxable securities transactions en­tered into by any person for, or on behalf of, the New Pension System Trust referred to in clause (<i>44</i>) of section 10 of the Income-tax Act, 1961 (43 of 1961).\".</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":106,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2009/section/115/","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."}