{"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":"36","heading":"Amendment of section 80-IA","text":"Amendment of section 80-IA. 36. In section 80-IA of the Income-tax Act,— (a ) in sub-section (2), the words \"or lays and begins to operate a cross-country natural gas distribution network\" shall be omitted with effect from the 1st day of April, 2010; (b ) in sub-section (3), the words, brackets and letters \"or clause (vi)\" shall be omitted with effect from the 1st day of April, 2010; (c ) in sub-section (4),— (A) in clause (iii), in the second proviso, for the words, figures and letters \"the 31st day of March, 2009\", the words, figures and letters \"the 31st day of March, 2011\" shall be substituted.’. (B) in clause (iv), for the words, figures and letters \"the 31st day of March, 2010\" wherever they occur, the words, figures and letters \"31st day of March, 2011\" shall respectively be substi­tuted; (C) in clause (v), in sub-clause (b), for the figures, letters and words \"31st day of March, 2008\", the figures, letters and words \"31st day of March, 2011\" shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 2008; (D) clause (vi) shall be omitted with effect from the 1st day of April, 2010; (d ) after sub-section (13), for the Explanation, the fol­lowing Explanation shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 2000, namely:— \" Explanation.—For the removal of doubts, it is hereby declared that nothing contained in this section shall apply in relation to a business referred to in sub-section (4) which is in the nature of a works contract awarded by any person (including the Central or State Government) and executed by the undertaking or enter­prise referred to in sub-section (1).\". © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 80-IA.</b></p><p><b>36.</b> In section 80-IA of the Income-tax Act,—</p><p>(<i>a</i> ) in sub-section (2), the words \"or lays and begins to operate a cross-country natural gas distribution network\" shall be omitted with effect from the 1st day of April, 2010;</p><p>(<i>b</i> ) in sub-section (3), the words, brackets and letters \"or clause (<i>vi</i>)\" shall be omitted with effect from the 1st day of April, 2010;</p><p>(<i>c</i> ) in sub-section (4),—</p><p><i> (A) </i>in clause (<i>iii</i>), in the second proviso, for the words, figures and letters \"the 31st day of March, 2009\", the words, figures and letters \"the 31st day of March, 2011\" shall be substituted.’.</p><p>(<i>B</i>) in clause (<i>iv</i>), for the words, figures and letters \"the 31st day of March, 2010\" wherever they occur, the words, figures and letters \"31st day of March, 2011\" shall respectively be substi­tuted;</p><p>(<i>C</i>) in clause (<i>v</i>), in sub-clause (<i>b</i>), for the figures, letters and words \"31st day of March, 2008\", the figures, letters and words \"31st day of March, 2011\" shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 2008;</p><p>(<i>D</i>) clause (<i>vi</i>) shall be omitted with effect from the 1st day of April, 2010;</p><p>(<i>d</i> ) after sub-section (13), for the <i>Explanation,</i> the fol­lowing <i>Explanation</i> shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 2000, namely:—</p><p>\" <i>Explanation.</i>—For the removal of doubts, it is hereby declared that nothing contained in this section shall apply in relation to a business referred to in sub-section (4) which is in the nature of a works contract awarded by any person (including the Central or State Government) and executed by the undertaking or enter­prise referred to in sub-section (1).\".</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":300,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2009/section/36/","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."}