Short title and commencement
Section 1 of the Finance Act, 1973 deals with short title and commencement. THE FINANCE ACT, 1973 No. 21 OF [11th may, 1973] An Act to give effect to the financial proposals of the Centra1 Government for the financial year 1973-74. The Act was enacted on 11 May 1973.
THE FINANCE ACT, 1973
No. 21 OF 1973
[11th may, 1973]
An Act to give effect to the financial proposals of the Centra1 Government for the financial year 1973-74.
BE it enacted by Parliament in the Twenty-fourth Year of the Republic of India as follows:—
CHAPTER I
PRELIMINARY
Short title and commencement
1. (1) This Act may be called the Finance Act, 1973.
(2) Save as otherwise provided in this Act, sections 2 to 23 shall be deemed to have come into force on the 1st day of April, 1973.
[Finance Act, 1973]
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Section 1, The Finance Act, 1973 (Act 21 of 1973).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
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, 1973 No. 21 OF [11th may, 1973] An Act to give effect to the financial proposals of the Centra1 Government for the financial year 1973-74.
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 1973 1, section 1 Finance Act 1973, 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 2 (Rates of Income-Tax), section 23 (Credit Guarantee Corporation of India Limited to be exempt for a certain period from liability to pay income-tax and surtax), 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 1973 1, was enacted on 11 May 1973 as Act 21 of 1973. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. First Schedule5471 words
- 2. Rates of Income-Tax1577 words
- 7. Insertion of new section 54D419 words
- 15. Amendment of section 155346 words
- 8. Amendment of section 80C329 words
- 13. Amendment of section 105305 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.