{"act":{"id":"finance-act-2020","short_title":"The Finance Act, 2020","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2020-2021.","act_number":null,"act_year":2020,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":157,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2020/"},"unit":"section","section":{"number":"145","heading":"Amendment of Act 45 of 1988","text":"PART II AMENDMENT TO THE PROHIBITION OF BENAMI PROPERTY TRANSACTIONS ACT, 1988 Amendment of Act 45 of 1988. 145. In the Prohibition of Benami Property Transactions Act, 1988, in section 9, in sub-section (1), for clause (b), the following clause shall be substituted with effect from the 1st day of April, 2020, namely:— \"(b)(i) has been a member of the Indian Legal Service and has held the post of Joint Secretary or equivalent post in that Service; or (ii) is qualified for appointment as District Judge.\".","html":"<p><i><b>PART II</b></i></p><p><b>AMENDMENT TO THE PROHIBITION OF <i>BENAMI</i> PROPERTY TRANSACTIONS ACT, 1988</b></p><p><b>Amendment of Act 45 of 1988.</b></p><p><b>145.</b> In the Prohibition of <i>Benami</i> Property Transactions Act, 1988, in section 9, in sub-section (1), for clause (<i>b</i>), the following clause shall be substituted with effect from the 1st day of April, 2020, namely:—</p><p>\"(<i>b</i>)(<i>i</i>) has been a member of the Indian Legal Service and has held the post of Joint Secretary or equivalent post in that Service; or</p><p>(<i>ii</i>) is qualified for appointment as District Judge.\".</p>","words":86,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2020/section/145/","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."}