{"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":"53","heading":"Insertion of new section 115JEE","text":"Insertion of new section 115JEE. 53. After section 115JE of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2013, namely:— '115JEE. Application of this Chapter to certain persons.—(1) The provisions of this Chapter shall apply to a person who has claimed any deduction under— (a) any section (other than section 80P) included in Chapter VI-A under the heading \"C.—Deductions in respect of certain incomes\"; or (b) section 10AA. (2) The provisions of this Chapter shall not apply to an individual or a Hindu undivided family or an association of persons or a body of individuals, whether incorporated or not, or an artificial juridical person referred to in sub-clause (vii) of clause (31) of section 2, if the adjusted total income of such person does not exceed twenty lakh rupees.'. © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Insertion of new section 115JEE.</b></p><p><b>53. </b>After section 115JE of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2013, namely:—</p><p>'115JEE. <i>Application of this Chapter to certain persons.—</i>(1) The provisions of this Chapter shall apply to a person who has claimed any deduction under—</p><p>(<i>a</i>) any section (other than section 80P) included in Chapter VI-A under the heading \"<i>C.—Deductions in respect of certain incomes\"; </i>or</p><p>(<i>b</i>) section 10AA.</p><p><span class=\"num\">(2)</span> The provisions of this Chapter shall not apply to an individual or a Hindu undivided family or an association of persons or a body of individuals, whether incorporated or not, or an artificial juridical person referred to in sub-clause (<i>vii</i>) of clause (<i>31</i>) of section 2, if the adjusted total income of such person does not exceed twenty lakh rupees.'.</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":144,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2012/section/53/","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."}