{"act":{"id":"finance-act-2026","short_title":"The Finance Act, 2026","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2026-2027.","act_number":"4","act_year":2026,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":167,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2026/"},"unit":"section","section":{"number":"80","heading":"Amendment of section 352","text":"Amendment of section 352. 80. In section 352 of the Income-tax Act, in sub-section (4), in the Table, for serial number 8 and the entries relating thereto, the following shall be substituted, namely:— A | B | C | D (i) | (ii) \"8. | The specified person has merged with any other— (a) | entity other than a registered non-profit organisation; or (b) | registered non-profit organisation having objects same or similar to it but the said merger does not fulfil such conditions, as may be prescribed; or (c) | registered non-profit organisation that does not have same or similar objects. | The date of merger | The date of merger.\".","html":"<p><b>Amendment of section 352.</b></p><p><b>80.</b> In section 352 of the Income-tax Act, in sub-section (4), in the Table, for serial number 8 and the entries relating thereto, the following shall be substituted, namely:—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td><i>A</i></td><td><i>B</i></td><td><i>C</i></td><td><i>D</i></td></tr><tr><td></td><td><i>(i)</i></td><td><i>(ii)</i></td><td></td><td></td></tr><tr><td>\"8.</td><td>The specified person has merged with any other—<div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>entity other than a registered non-profit organisation; or</td></tr><tr><td>(<i>b</i>)</td><td></td><td>registered non-profit organisation having objects same or similar to it but the said merger does not fulfil such conditions, as may be prescribed; or</td></tr><tr><td>(<i>c</i>)</td><td></td><td>registered non-profit organisation that does not have same or similar objects.</td></tr></table></div></td><td></td><td>The date of merger</td><td>The date of merger.\".</td></tr></table></div>","words":112,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2026/section/80/","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."}