{"act":{"id":"finance-act-2019-no-2","short_title":"The Finance Act, 2019 (No. 2)","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2019-2020.","act_number":null,"act_year":2019,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":217,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2019-no-2/"},"unit":"section","section":{"number":"5","heading":"Amendment of section 9A","text":"Amendment of section 9A 5. In section 9A of the Income-tax Act, in sub-section (3),— (i) | in clause (j), in the first proviso, for the words \"at the end of such previous year\", the words \"at the end of a period of six months from the last day of the month of its establishment or incorporation, or at the end of such previous year, whichever is later\" shall be substituted; (ii) | in clause (m), for the words \"the arm's length price of the said activity\", the words \"the amount calculated in such manner as may be prescribed\" shall be substituted.","html":"<p><b><b>Amendment of section 9A</b></b></p><p><b><b>5</b>.</b> In section 9A of the Income-tax Act, in sub-section (3),—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>in clause (<i>j</i>), in the first proviso, for the words \"at the end of such previous year\", the words \"at the end of a period of six months from the last day of the month of its establishment or incorporation, or at the end of such previous year, whichever is later\" shall be substituted;</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>in clause (<i>m</i>), for the words \"the arm's length price of the said activity\", the words \"the amount calculated in such manner as may be prescribed\" shall be substituted.</td></tr></table></div>","words":102,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2019-no-2/section/5/","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."}