{"act":{"id":"finance-act-2022","short_title":"The Finance Act, 2022","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2022-2023.","act_number":"6","act_year":2022,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":134,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2022/"},"unit":"section","section":{"number":"30","heading":"Amendment of section 115JF","text":"Amendment of section 115JF. 30.  In section 115JF of the Income-tax Act, in clause (b), for sub-clause (i), the following sub-clauses shall be substituted with effect from the 1st day of April, 2023, namely:— '(i) | in case of an assessee being a unit referred to in clause (i) of sub-section (4) of section 115JC, at the rate of nine per cent.; (ia) | in case of an assessee, being a co-operative society referred to in clause (ii) of sub-section (4) of section 115JC, at the rate of fifteen per cent.;'.","html":"<p><b>Amendment of section 115JF.</b></p><p><b>30. </b> In section 115JF of the Income-tax Act, in clause (<i>b</i>), for sub-clause (<i>i</i>), the following sub-clauses shall be substituted with effect from the 1st day of April, 2023, namely:—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>'(<i>i</i>)</td><td></td><td>in case of an assessee being a unit referred to in clause (<i>i</i>) of sub-section (4) of section 115JC, at the rate of nine per cent.;</td></tr><tr><td>(<i>ia</i>)</td><td></td><td>in case of an assessee, being a co-operative society referred to in clause (<i>ii</i>) of sub-section (4) of section 115JC, at the rate of fifteen per cent.;'.</td></tr></table></div>","words":91,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2022/section/30/","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."}