{"act":{"id":"finance-act-2012","short_title":"The Finance Act, 2012","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2012-2013.","act_number":null,"act_year":2012,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":121,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2012/"},"unit":"section","section":{"number":"13","heading":"Amendment of section 44AB","text":"Amendment of section 44AB. 13. In section 44AB of the Income-tax Act,— (i) in clause (a), for the words \"sixty lakh rupees\", the words \"one crore rupees\" shall be substituted with effect from the 1st day of April, 2013; (ii) in clause (b), for the words \"fifteen lakh rupees\", the words \"twenty-five lakh rupees\" shall be substituted with effect from the 1st day of April, 2013; (iii) in the Explanation, in clause (ii), for the words, figures and letters \"the 30th day of September of the assessment year\", the words, brackets and figures \"the due date for furnishing the return of income under sub-section (1) of section 139\" shall be substituted. © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 44AB.</b></p><p><b>13. </b>In section 44AB of the Income-tax Act,—</p><p>(<i>i</i>) in clause (<i>a</i>), for the words \"sixty lakh rupees\", the words \"one crore rupees\" shall be substituted with effect from the 1st day of April, 2013;</p><p>(<i>ii</i>) in clause (<i>b</i>), for the words \"fifteen lakh rupees\", the words \"twenty-five lakh rupees\" shall be substituted with effect from the 1st day of April, 2013;</p><p>(<i>iii</i>) in the <i>Explanation, </i>in clause (<i>ii</i>), for the words, figures and letters \"the 30th day of September of the assessment year\", the words, brackets and figures \"the due date for furnishing the return of income under sub-section (1) of section 139\" shall be substituted.</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":117,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2012/section/13/","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."}