{"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":"56","heading":"Amendment of section 179","text":"Amendment of section 179. 56.  In section 179 of the Income-tax Act,— (a) | in the marginal heading, the words \"in liquidation\" shall be omitted; (b) | in the Explanation, after the word \"interest\", the word \", fees\" shall be inserted.","html":"<p><b>Amendment of section 179.</b></p><p><b>56. </b> In section 179 of the Income-tax Act,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>in the marginal heading, the words \"in liquidation\" shall be omitted;</td></tr><tr><td>(<i>b</i>)</td><td></td><td>in the <i>Explanation</i>, after the word \"interest\", the word \", fees\" shall be inserted.</td></tr></table></div>","words":41,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2022/section/56/","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."}