Act 16 of 1972 Ministry Finance Enacted 28 May 1972

Cross-references

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

This section refers to

1. s. 31 Amendment of section 204
2. Wealth-tax Act s. 31 When tax, etc., payable and when assessee deemed in default
3. Wealth-tax Act s. 34A Refunds

Questions about Section 47

What does Section 47 of the Finance Act deal with?

Section 47 of the Finance Act is headed "Amendment of sections 31 and 34A". Amendment of sections 31 and 34A. 47. In sections 31 and 34A of the Wealth-tax Act, for the words "nine per cent.", the words "twelve per cent." shall be substituted.

How do I find court cases under Section 47 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 1972 47, section 47 Finance Act 1972, section 47 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 47 of the Finance Act, and has it changed?

Its own text turns on section 31 (Amendment of section 204), Wealth-tax Act 31 (When tax, etc., payable and when assessee deemed in default), Wealth-tax Act 34A (Refunds), so none of them can safely be read on its own.

When was Section 47 of the Finance Act enacted?

Section 47 of the Finance Act, cited as Finance Act 1972 47, was enacted on 28 May 1972 as Act 16 of 1972. It is in force as at the date shown on this page.

Other sections of this Act

• First Schedule. First Schedule4219 words
• 2. Income-tax884 words
• 26. Amendment of section 139612 words
• 46. Insertion of new section 21A576 words
• 45. Amendment of section 5547 words
• 28. Insertion of new sections 194B and 194C538 words

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.