{"act":{"id":"finance-act-2024-no-2","short_title":"The Finance Act, 2024 (No. 2)","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2024-2025.","act_number":null,"act_year":2024,"enact_date":"2024-08-16","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":174,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2024-no-2/"},"unit":"section","section":{"number":"78","heading":"Amendment of section 253","text":"Amendment of section 253. 78. In section 253 of the Income-tax Act, with effect from the 1st day of October, 2024,— (a) | in sub-section (1), in clause (a), after the word and figures \"section 154,\", the word, figures and letters \"section 158BFA,\" shall be inserted; (b) | in sub-section (3) for the words \"sixty days of the date on\", the words \"two months from the end of the month in\" shall be substituted.","html":"<p><b>Amendment of section 253.</b></p><p><b>78.</b> In section 253 of the Income-tax Act, with effect from the 1st day of October, 2024,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>in sub-section (1), in clause (<i>a</i>), after the word and figures \"section 154,\", the word, figures and letters \"section 158BFA,\" shall be inserted;</td></tr><tr><td>(<i>b</i>)</td><td></td><td>in sub-section (3) for the words \"sixty days of the date on\", the words \"two months from the end of the month in\" shall be substituted.</td></tr></table></div>","words":74,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2024-no-2/section/78/","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."}