{"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":"96","heading":"Amendment of section 254","text":"Amendment of section 254. 96. In section 254 of the Income-tax Act, with effect from the 1st day of June, 2016,— (a) | in sub-section (2), for the words \"four years from the date of the order\", the words \"six months from the end of the month in which the order was passed\" shall be substituted; (b) | in sub-section (2A), the words, brackets, figure and letter \"or sub-section (2A)\" shall be omitted.","html":"<p><b>Amendment of section 254.</b></p><p><b>96.</b> In section 254 of the Income-tax Act, with effect from the 1st day of June, 2016,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>in sub-section (2), for the words \"four years from the date of the order\", the words \"six months from the end of the month in which the order was passed\" shall be substituted;</td></tr><tr><td>(<i>b</i>)</td><td></td><td>in sub-section (2A), the words, brackets, figure and letter \"or sub-section (2A)\" shall be omitted.</td></tr></table></div>","words":73,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2016/section/96/","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."}