{"act":{"id":"finance-act-2021","short_title":"The Finance Act, 2021","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2021-2022.","act_number":null,"act_year":2021,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":180,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2021/"},"unit":"section","section":{"number":"39","heading":"Amendment of section 143","text":"Amendment of section 143. 39. In section 143 of the Income-tax Act,— (a) | in sub-section (1),— (i) | in the second proviso, for the words \"one year\", the words \"nine months\" shall be substituted; (ii) | in clause (a),— (I) in sub-clause (iv), for the words \"disallowance of expenditure indicated\", the words \"disallowance of expenditure or increase in income indicated\" shall be substituted; (II) in sub-clause (v), for the words, figures and letters \"sections 10AA, 80-IA, 80-IAB, 80-IB, 80-IC, 80-ID or section 80-IE, if\", the words, figures and letters 'section 10AA or under any of the provisions of Chapter VI-A under the heading \"C.—Deductions in respect of certain incomes\", if' shall be substituted; (b) | in sub-section (2), in the proviso, for the word \"six\", the word \"three\" shall be substituted.","html":"<p><b>Amendment of section 143.</b></p><p><b>39.</b> In section 143 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),—</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>in the second proviso, for the words \"one year\", the words \"nine months\" shall be substituted;</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>in clause (<i>a</i>),—</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td></td><td></td><td>(<i>I</i>) in sub-clause (<i>iv</i>), for the words \"disallowance of expenditure indicated\", the words \"disallowance of expenditure or increase in income indicated\" shall be substituted;</td></tr><tr><td></td><td></td><td>(<i>II</i>) in sub-clause (<i>v</i>), for the words, figures and letters \"sections 10AA, 80-IA, 80-IAB, 80-IB, 80-IC, 80-ID or section 80-IE, if\", the words, figures and letters 'section 10AA or under any of the provisions of Chapter VI-A under the heading \"C.—Deductions in respect of certain incomes\", if' shall be substituted;</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>b</i>)</td><td></td><td>in sub-section (2), in the proviso, for the word \"six\", the word \"three\" shall be substituted.</td></tr></table></div>","words":132,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2021/section/39/","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."}