eCourtsIndia
IndiaCode Laws
Section1
The Finance Act, 1961

Short title and commencement

In force Act 14 of 1961 As on 17 Oct 2026

Act 14 of 1961 Ministry Finance Enacted 29 Apr 1961

Section 1 of the Finance Act, 1961 deals with short title and commencement. THE FINANCE ACT, 1961 No. 14 OF [29th April, 1961] An Act to give effect to the financial proposals of the Central Government for the financial year 1961-62. The Act was enacted on 29 Apr 1961.

THE FINANCE ACT, 1961

No. 14 OF 1961

[29th April, 1961]

An Act to give effect to the financial proposals of the Central Government for the financial year 1961-62.

BE it enacted by Parliament in the Twelfth Year of the Republic of India as follows:—

Short title and commencement

1. (1) This Act may be called the Finance Act, 1961.

(2) Save as otherwise provided in this Act, sections 3 to 10 inclusive shall be deemed to have come into force on the first day of April, 1961.

[Finance Act, 1961]

© Copyright. Taxmann Publications Pvt. Ltd.

Section 1, The Finance Act, 1961 (Act 14 of 1961).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. s. 3 Amendment of section 4
  2. s. 10 Amendment of section 56A

Questions about Section 1

What does Section 1 of the Finance Act deal with?

Section 1 of the Finance Act is headed "Short title and commencement". THE FINANCE ACT, 1961 No. 14 OF [29th April, 1961] An Act to give effect to the financial proposals of the Central Government for the financial year 1961-62.

How do I find court cases under Section 1 of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 1961 1, section 1 Finance Act 1961, section 1 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 1 of the Finance Act, and has it changed?

Its own text turns on section 3 (Amendment of section 4), section 10 (Amendment of section 56A), so none of them can safely be read on its own.

When was Section 1 of the Finance Act enacted?

Section 1 of the Finance Act, cited as Finance Act 1961 1, was enacted on 29 Apr 1961 as Act 14 of 1961. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. 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. This page is not a substitute for legal advice.