{"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":"79","heading":"Amendment of section 245A","text":"Amendment of section 245A. 79. In section 245A of the Income-tax Act, in clause (b), in the Explanation, in clause (iv), for the words \"two years from the end of the relevant assessment year\", the words, brackets and figures \"the time specified for making assessment under sub-section (1) of section 153\" shall be substituted.","html":"<p><b> Amendment of section 245A.</b></p><p><b> 79.</b> In section 245A of the Income-tax Act, in clause (<i>b</i>), in the <i>Explanation</i>, in clause (<i>iv</i>), for the words \"two years from the end of the relevant assessment year\", the words, brackets and figures \"the time specified for making assessment under sub-section (1) of section 153\" shall be substituted.</p>","words":54,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2017/section/79/","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."}