{"act":{"id":"finance-act-2014","short_title":"The Finance Act, 2014","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2014-2015.","act_number":"25","act_year":2014,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":129,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2014/"},"unit":"section","section":{"number":"40","heading":"Amendment of section 115JEE","text":"Amendment of section 115JEE. 40. In section 115JEE of the Income-tax Act, with effect from the 1st day of April, 2015,— (A) | in sub-section (1), for clause (b), the following clauses shall be substituted, namely:— \"(b) section 10AA; or (c) section 35AD.\"; (B) | after sub-section (2), the following sub-section shall be inserted, namely:— \"(3) Notwithstanding anything contained in sub-section (1) or sub-section (2), the credit for tax paid under section 115JC shall be allowed in accordance with the provisions of section 115JD.\". © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b> Amendment of section 115JEE.</b></p><p><b> 40.</b> In section 115JEE of the Income-tax Act, with effect from the 1st day of April, 2015,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>A</i>)</td><td></td><td>in sub-section (1)<i>, </i>for clause (<i>b</i>)<i>, </i>the following clauses shall be substituted, namely:—</td></tr><tr><td></td><td></td><td>\"(<i>b</i>) section 10AA; or</td></tr><tr><td></td><td></td><td>(<i>c</i>) section 35AD.\";</td></tr><tr><td>(<i>B</i>)</td><td></td><td>after sub-section (2), the following sub-section shall be inserted, namely:—</td></tr><tr><td></td><td></td><td>\"(3) Notwithstanding anything contained in sub-section (1) or sub-section (2), the credit for tax paid under section 115JC shall be allowed in accordance with the provisions of section 115JD.\".</td></tr></table></div><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":90,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2014/section/40/","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."}