{"act":{"id":"finance-act-2013","short_title":"The Finance Act, 2013","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2013-2014.","act_number":null,"act_year":2013,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":142,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2013/"},"unit":"section","section":{"number":"28","heading":"Amendment of section 115AD","text":"Amendment of section 115AD. 28. In section 115AD of the Income-tax Act, in sub-section (1), in item (i) the following proviso shall be inserted with effect from the 1st day of April, 2014, namely:— \"Provided that the amount of income-tax calculated on the income by way of interest referred to in section 194LD shall be at the rate of five per cent;\". © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 115AD.</b></p><p><b>28.</b> In section 115AD of the Income-tax Act, in sub-section (1), in item (<i>i</i>) the following proviso shall be inserted with effect from the 1st day of April, 2014, namely:—</p><p>\"<b>Provided </b>that the amount of income-tax calculated on the income by way of interest referred to in section 194LD shall be at the rate of five per cent;\".</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":68,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2013/section/28/","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."}