{"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":"219","heading":"Amendment of Act 22 of 2015","text":"PART XVIII AMENDMENTS TO THE BLACK MONEY (UNDISCLOSED FOREIGN INCOME AND ASSETS) AND IMPOSITION OF T AX A CT, 2015 Amendment of Act 22 of 2015 219. In the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, with effect from the 1st day of April, 2018,— Amendment of section 46 (a) | in section 46, in sub-section (4),— (i) | in the opening portion, after the words \"Joint Commissioner,\", the words \"or the Joint Director\" shall be inserted; (ii) | in clause (b), after the words \"Deputy Commissioner\", the words \"or Assistant Director or Deputy Director\" shall be inserted; Amendment of section 55 (b) | in section 55,— (i) | for the marginal heading, the following marginal heading shall be substituted, namely:- \"Prosecution to be at instance of Principal Chief Commissioner or Principal Director General or Chief Commissioner or Director General or Principal Commissioner or Commissioner.\"; (ii) | in sub-section (2), after the words \"the Chief Commissioner\", the words \"or the Principal Director General or the Director General\" shall be inserted.","html":"<p>PART XVIII</p><p><b>AMENDMENTS TO THE BLACK MONEY (UNDISCLOSED FOREIGN INCOME AND ASSETS) AND IMPOSITION OF T AX A CT, 2015</b></p><p><b>Amendment of Act 22 of 2015</b></p><p><b>219. </b>In the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, with effect from the 1st day of April, 2018,—</p><p><b>Amendment of section 46</b></p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>in section 46, in sub-section (4),—</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>in the opening portion, after the words \"Joint Commissioner,\", the words \"or the Joint Director\" shall be inserted;</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>in clause (<i>b</i>), after the words \"Deputy Commissioner\", the words \"or Assistant Director or Deputy Director\" shall be inserted;</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td></td><td></td><td><b>Amendment of section 55</b></td></tr><tr><td>(<i>b</i>)</td><td></td><td>in section 55,—</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>for the marginal heading, the following marginal heading shall be substituted, namely:-</td></tr><tr><td></td><td></td><td>\"Prosecution to be at instance of Principal Chief Commissioner or Principal Director General or Chief Commissioner or Director General or Principal Commissioner or Commissioner.\";</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>in sub-section (2), after the words \"the Chief Commissioner\", the words \"or the Principal Director General or the Director General\" shall be inserted.</td></tr></table></div>","words":176,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2018/section/219/","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."}