{"act":{"id":"finance-act-2017","short_title":"The Finance Act, 2017","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2017-2018.","act_number":null,"act_year":2017,"enact_date":"2017-04-17","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":198,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2017/"},"unit":"section","section":{"number":"163","heading":"Amendment of Act 24 of 1989","text":"Amendment of Act 24 of 1989 163. In the Railways Act, 1989, (27 of 1989)— (a) | in section 2, for clause (40), the following clause shall be substituted, namely:— '(40) \"Tribunal\" means the Tribunal referred to in section 33;'; (b) | in Chapter VII, for the heading, the following heading shall be substituted, namely:— \"TRIBUNAL\"; (c) | for section 33, the following section shall be substituted, namely:— \"33. Tribunal.— The Railway Claims Tribunal established under section 3 of the Railway Claims Tribunal Act, 1987 (54 of 1987) shall, on and from the commencement of Part XIV of Chapter VI of the Finance Act, 2017, be the Tribunal for the purposes of this Act and the said Tribunal shall exercise the jurisdiction, authority and powers conferred on it by or under this Act.\"; (d) | sections 34 and 35 shall be omitted; (e) | in section 48, in sub-section (2), clause (a) shall be omitted.","html":"<p><b>Amendment of Act 24 of 1989</b></p><p><b>163. </b>In the Railways Act, 1989, (27 of 1989)—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>in section 2, for clause (<i>40</i>), the following clause shall be <i>substituted</i>, namely:—</td></tr><tr><td></td><td></td><td>'(40) \"Tribunal\" means the Tribunal referred to in section 33;';</td></tr><tr><td>(<i>b</i>)</td><td></td><td>in Chapter VII, for the heading, the following heading shall be <i>substituted</i>, namely:—</td></tr></table></div><p>\"TRIBUNAL\";</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>c</i>)</td><td></td><td>for section 33, the following section shall be <i>substituted</i>, namely:—</td></tr><tr><td></td><td></td><td><b> </b></td></tr><tr><td></td><td></td><td>\"33. <i>Tribunal</i>.— The Railway Claims Tribunal established under section 3 of the Railway Claims Tribunal Act, 1987 (54 of 1987) shall, on and from the commencement of Part XIV of Chapter VI of the Finance Act, 2017, be the Tribunal for the purposes of this Act and the said Tribunal shall exercise the jurisdiction, authority and powers conferred on it by or under this Act.\";</td></tr><tr><td>(<i>d</i>)</td><td></td><td>sections 34 and 35 shall be <i>omitted</i>;</td></tr><tr><td>(<i>e</i>)</td><td></td><td>in section 48, in sub-section (2), clause (<i>a</i>) shall be <i>omitted</i>.</td></tr></table></div>","words":155,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2017/section/163/","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."}