{"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":"44","heading":"Amendment of section 115JA","text":"Amendment of section 115JA. 44. In section 115JA of the Income-tax Act, in sub-section (2), after the second proviso, in the Explanation, after clause (f), for the words, brackets and letters \"if any amount referred to in clauses (a) to (f) is debited to the profit and loss account, and as reduced by,—\"the following shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 1998, namely:— \"(g ) the amount or amounts set aside as provision for dimi­nution in the value of any asset, if any amount referred to in clauses (a) to (g) is debited to the profit and loss account, and as reduced by,—\". © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 115JA.</b></p><p><b>44.</b> In section 115JA of the Income-tax Act, in sub-section (2), after the second proviso, in the <i>Explanation,</i> after clause (<i>f</i>), for the words, brackets and letters \"if any amount referred to in clauses (<i>a</i>) to (<i>f</i>) is debited to the profit and loss account, and as reduced by,—\"the following shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 1998, namely:—</p><p>\"(<i>g</i> ) the amount or amounts set aside as provision for dimi­nution in the value of any asset,</p><p>if any amount referred to in clauses (<i>a</i>) to (<i>g</i>) is debited to the profit and loss account, and as reduced by,—\".</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":121,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2009/section/44/","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."}