Amendment of section 138
Section 28 of the Finance Act, 1967 deals with amendment of section 138. Amendment of section 138. 28. In section 138 of the Income-tax Act, for sub-section (1), the following sub-section shall be substituted, namely:— "(1) (a) The Board or any other Income-tax authority specified by it by a general or special order in this behalf may furnish or cause to be furnished to— The Act was enacted on 05 Aug 1967.
Amendment of section 138.
28. In section 138 of the Income-tax Act, for sub-section (1), the following sub-section shall be substituted, namely:—
"(1) (a) The Board or any other Income-tax authority specified by it by a general or special order in this behalf may furnish or cause to be furnished to—
(i) any officer, authority or body performing any functions under any law relating to the imposition of any tax, duty or cess, or to dealings in foreign exchange as defined in section 2 (d) of the Foreign Exchange Regulation Act, 1947 (7 of 1947.); or
(ii) such officer, authority or body performing functions under any other law as the Central Government may, if in its opinion it is necessary so to do in the public interest, specify by notification in the Official Gazette in this behalf,
any such information relating to any assessee in respect of any assessment made under this Act or the Indian Income-tax Act 1922 (11 of 1922) as may. in the opinion of the Board or other Income-tax authority, be necessary for the purpose of enabling the officer, authority or body to perform his or its functions under that law.
(b) Where a person makes an application to the Commissioner in the prescribed form for any information relating to any assessee in respect of any assessment made under this Act or the Indian Income-tax Act. 1922 (11 of 1922). on or after the 1st day of April, 1960, the Commissioner may, if he is satisfied that it is in the public interest so to do, furnish or cause to be furnished the information asked for in respect of that assessment only and his decision in this behalf shall be final and shall not be called in question in any court of law.".
[Finance (No.
2) Act, 1967]
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Section 28, The Finance Act, 1967 (Act 20 of 1967).
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Questions about Section 28
What does Section 28 of the Finance Act deal with?
Section 28 of the Finance Act is headed "Amendment of section 138". Amendment of section 138. 28. In section 138 of the Income-tax Act, for sub-section (1), the following sub-section shall be substituted, namely:— "(1) (a) The Board or any other Income-tax authority specified by it by a general or special order in this behalf may furnish or cause to be furnished to—
How do I find court cases under Section 28 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 1967 28, section 28 Finance Act 1967, section 28 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 28 of the Finance Act, and has it changed?
Its own text turns on section 2 (Income-tax), Income-tax Act 138 (Disclosure of information respecting assessees), so none of them can safely be read on its own. 2 other provisions in this corpus refer back to it.
When was Section 28 of the Finance Act enacted?
Section 28 of the Finance Act, cited as Finance Act 1967 28, was enacted on 05 Aug 1967 as Act 20 of 1967. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. Income-tax and surcharges on income-tax17952 words
- 2. Income-tax1717 words
- 27. Amendment of Chapter XIII1494 words
- 34. Amendment of Act 27 of 19571262 words
- 35. Amendment of Act 18 of 19581256 words
- 30. Amendment of Chapter XVII1048 words
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