{"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":"87","heading":"Amendment of section 263","text":"Amendment of section 263. 87. In section 263 of the Income-tax Act, in sub-section (1), before Explanation, for the words \"Principal Commissioner\", the words \"Principal Chief Commissioner or Chief Commissioner or Principal Commissioner\" shall be inserted and shall be deemed to have been inserted with effect from the 1st day of November, 2020.","html":"<p><b>Amendment of section 263.</b></p><p><b>87.</b> In section 263 of the Income-tax Act, in sub-section (1), before <i>Explanation,</i> for the words \"Principal Commissioner\", the words \"Principal Chief Commissioner or Chief Commissioner or Principal Commissioner\" shall be inserted and shall be deemed to have been inserted with effect from the 1st day of November, 2020.</p>","words":53,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2021/section/87/","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."}