{"act":{"id":"finance-act-2018","short_title":"The Finance Act, 2018","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2018-2019.","act_number":"13","act_year":2018,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":227,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2018/"},"unit":"section","section":{"number":"217","heading":"Amendment of Act 23 of 2004","text":"PART XVI AMENDMENT TO THE FINANCE (NO.2) ACT, 2004 Amendment of Act 23 of 2004 217. In section 97 of the Finance (No.2) Act, 2004, for clause (5), with effect from the 1st day of April, 2018, the following clause shall be substituted, namely:— '(5) ''equity oriented fund'' means a fund referred to in clause (a) of Explanation to section 112A of Income-tax Act, 1961.'.","html":"<p>PART XVI</p><p><b>AMENDMENT TO THE FINANCE (NO.2) ACT, 2004</b></p><p><b>Amendment of Act 23 of 2004</b></p><p><b>217. </b>In section 97 of the Finance (No.2) Act, 2004, for clause (<i>5</i>), with effect from the 1st day of April, 2018, the following clause shall be substituted, namely:—</p><p>'(<i>5</i>) ''equity oriented fund'' means a fund referred to in clause (<i>a</i>) of <i>Explanation </i>to section 112A of Income-tax Act, 1961.'.</p>","words":65,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2018/section/217/","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."}