{"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":"27","heading":"Amendment of section 54EC","text":"Amendment of section 54EC. 27. In section 54EC of the Income-tax Act, in sub-section (3), in the Explanation, in clause (ba), for the words and figures \"the Companies Act, 1956 (1 of 1956)\" occurring at the end, the words and figures \"the Companies Act, 1956; or any other bond notified by the Central Government in this behalf\" shall be substituted with effect from the 1st day of April, 2018.","html":"<p><b> Amendment of section 54EC.</b></p><p><b> 27. </b>In section 54EC of the Income-tax Act, in sub-section (3), in the <i>Explanation</i>, in clause (<i>ba</i>), for the words and figures \"the Companies Act, 1956 (1 of 1956)\" occurring at the end, the words and figures \"the Companies Act, 1956; or any other bond notified by the Central Government in this behalf\" shall be substituted with effect from the 1st day of April, 2018.</p>","words":69,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2017/section/27/","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."}