{"act":{"id":"finance-act-2016","short_title":"The Finance Act, 2016","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2016-2017.","act_number":null,"act_year":2016,"enact_date":"2016-06-27","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":276,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2016/"},"unit":"section","section":{"number":"109","heading":"Amendment of section 276C","text":"Amendment of section 276C. 109. In section 276C of the Income-tax Act, with effect from the 1st day of April, 2017, in sub-section (1),— (a) | in the opening portion, for the word \"imposable\", the words \"imposable, or under-reports his income,\" shall be substituted; (b) | in clause (i) after the words \"amount sought to be evaded\", the words \"or tax on under-reported income\" shall be substituted*. *Should be inserted.","html":"<p><b> Amendment of section 276C. </b></p><p><b> 109. </b>In section 276C of the Income-tax Act, with effect from the 1st day of April, 2017, in sub-section (1),—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>in the opening portion, for the word \"imposable\", the words \"imposable, or under-reports his income,\" shall be substituted;</td></tr><tr><td>(<i>b</i>)</td><td></td><td>in clause (<i>i</i>) after the words \"amount sought to be evaded\", the words \"or tax on under-reported income\" shall be substituted*.</td></tr></table></div><p>*Should be inserted.</p>","words":70,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2016/section/109/","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."}