{"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":"70","heading":"Amendment of Section 144C","text":"Amendment of section 144C. 70. In section 144C of the Income-tax Act,— (a) | in sub-section (1), the words \"in the income or loss returned\" shall be omitted; (b) | in sub-section (15), in clause (b), for sub-clause (ii), the following sub-clause shall be substituted, namely:— \"(ii) any non-resident not being a company, or any foreign company.\".","html":"<p><b>Amendment of section 144C.</b></p><p><b>70.</b> In section 144C of the Income-tax Act,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>in sub-section (1), the words \"in the income or loss returned\" shall be omitted;</td></tr><tr><td>(<i>b</i>)</td><td></td><td>in sub-section (15), in clause (<i>b</i>), for sub-clause (<i>ii</i>), the following sub-clause shall be substituted, namely:—</td></tr><tr><td></td><td></td><td>\"(<i>ii</i>) any non-resident not being a company, or any foreign company.\".</td></tr></table></div>","words":57,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2020/section/70/","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."}