{"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":"94","heading":"Amendment of section 246A","text":"Amendment of section 246A. 94. In section 246A of the Income-tax Act, in sub-section (1),— (i) for the words \"Any assessee aggrieved\", the words \"Any assessee or any deductor aggrieved\" shall be substituted with effect from the 1st day of July, 2012; (ii) in clause (a),— (I) for the words and figures \"section 143, where the assessee objects\", the words, figures, brackets and letter \"section 143 or sub-section (1) of section 200A, where the assessee or the deductor objects\" shall be substituted with effect from the 1st day of July, 2012; (II) for the words \"except an order passed in pursuance of directions of the Dispute Resolution Panel\", the brackets, words, figures and letters \"[except an order passed in pursuance of directions of the Dispute Resolution Panel or an order referred to in sub-section (12) of section 144BA]\" shall be substituted with effect from the 1st day of April, 2013; (iii) in clause (b), for the words \"except an order passed in pursuance of directions of the Dispute Resolution Panel\", the brackets, words, figures and letters \"[except an order passed in pursuance of directions of the Dispute Resolution Panel or an order referred to in sub-section (12) of section 144BA]\" shall be substituted with effect from the 1st day of April, 2013; (iv) in clause (ba),— (I) for the words, figures and letter \"under section 153A\", the words, figures, letter and brackets \"under section 153A [except an order passed in pursuance of directions of the Dispute Resolution Panel]\" shall be substituted with effect from the 1st day of October, 2009; (II) for the words \"Dispute Resolution Panel\", the words, brackets, figures and letters \"Dispute Resolution Panel or an order referred to in sub-section (12) of section 144BA\" shall be substituted with effect from the 1st day of April, 2013; (v) after clause (ba), the following clause shall be inserted with effect from the 1st day of July, 2012, namely:— \"(bb) an order of assessment or reassessment under sub-section (3) of section 92CD;\"; (vi) in clause (c), after the words \"either of the said sections\", the words, brackets, figures and letters \"except where it is in respect of an order referred to in sub-section (12) of section 144BA\" shall be inserted with effect from the 1st day of April, 2013; (vii) in clause (J), in sub-clause (B), after the word, figures and letters \"section 271AAA\", the word, figures and letters \", section 271AAB\" shall be inserted with effect from the 1st day of July, 2012. © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 246A.</b></p><p><b>94.</b> In section 246A of the Income-tax Act, in sub-section (1),—</p><p>(<i>i</i>) for the words \"Any assessee aggrieved\", the words \"Any assessee or any deductor aggrieved\" shall be substituted with effect from the 1st day of July, 2012;</p><p>(<i>ii</i>) in clause (<i>a</i>),—</p><p>(<i>I</i>) for the words and figures \"section 143, where the assessee objects\", the words, figures, brackets and letter \"section 143 or sub-section (1) of section 200A, where the assessee or the deductor objects\" shall be substituted with effect from the 1st day of July, 2012;</p><p>(<i>II</i>) for the words \"except an order passed in pursuance of directions of the Dispute Resolution Panel\", the brackets, words, figures and letters \"[except an order passed in pursuance of directions of the Dispute Resolution Panel or an order referred to in sub-section (12) of section 144BA]\" shall be substituted with effect from the 1st day of April, 2013;</p><p>(<i>iii</i>) in clause (<i>b</i>)<i>, </i>for the words \"except an order passed in pursuance of directions of the Dispute Resolution Panel\", the brackets, words, figures and letters \"[except an order passed in pursuance of directions of the Dispute Resolution Panel or an order referred to in sub-section (12) of section 144BA]\" shall be substituted with effect from the 1st day of April, 2013;</p><p>(<i>iv</i>) in clause (<i>ba</i>)<i>,</i>—</p><p>(<i>I</i>) for the words, figures and letter \"under section 153A\", the words, figures, letter and brackets \"under section 153A [except an order passed in pursuance of directions of the Dispute Resolution Panel]\" shall be substituted with effect from the 1st day of October, 2009;</p><p>(<i>II</i>) for the words \"Dispute Resolution Panel\", the words, brackets, figures and letters \"Dispute Resolution Panel or an order referred to in sub-section (12) of section 144BA\" shall be substituted with effect from the 1st day of April, 2013;</p><p>(<i>v</i>) after clause (<i>ba</i>)<i>, </i>the following clause shall be inserted with effect from the 1st day of July, 2012, namely:—</p><p>\"(<i>bb</i>) an order of assessment or reassessment under sub-section (3) of section 92CD;\";</p><p>(<i>vi</i>) in clause (<i>c</i>)<i>, </i>after the words \"either of the said sections\", the words, brackets, figures and letters \"except where it is in respect of an order referred to in sub-section (12) of section 144BA\" shall be inserted with effect from the 1st day of April, 2013;</p><p>(<i>vii</i>) in clause (<i>J</i>)<i>, </i>in sub-clause (<i>B</i>)<i>, </i>after the word, figures and letters \"section 271AAA\", the word, figures and letters \", section 271AAB\" shall be inserted with effect from the 1st day of July, 2012.</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":420,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2012/section/94/","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."}