{"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":"81","heading":"Amendment of section 194LA","text":"Amendment of section 194LA. 81. In section 194LA of the Income-tax Act, in the proviso, for the words \"two hundred thousand rupees\", the words \"two lakh and fifty thousand rupees\" shall be substituted with effect from the 1st day of June, 2016.","html":"<p><b>Amendment of section 194LA.</b></p><p><b>81.</b> In section 194LA of the Income-tax Act, in the proviso, for the words \"two hundred thousand rupees\", the words \"two lakh and fifty thousand rupees\" shall be substituted with effect from the 1st day of June, 2016.</p>","words":42,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2016/section/81/","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."}