Amendment of section 252
Section 18 of the Finance Act, 1981 deals with amendment of section 252. Amendment of section 252. 18. In section 252 of the Income-tax Act, for sub-section (2), the following sub-sections shall be substituted, namely:— "(2) A judicial member shall he a person who has for at least ten years held a judicial office in the territory of India or who has been a member of the
Amendment of section 252.
18. In section 252 of the Income-tax Act, for sub-section (2), the following sub-sections shall be substituted, namely:—
"(2) A judicial member shall he a person who has for at least ten years held a judicial office in the territory of India or who has been a member of the Central Legal Service and has held a post in Grade I of that Service or any equivalent or higher post for at least three years or who has been an advocate for at least ten years.
Explanation.—For the purposes of this sub-section,—
(i) in computing the period during which a person has held judicial office in the territory of India, there shall be included any period, after he has held any judicial office, during which the person has been an advocate or has held the office of a member of a tribunal or any post, under the Union or a State, requiring special knowledge of law;
(ii) in computing the period during which a person has been an advocate, there shall be included any period during which the person has held judicial office or the office of a member of a tribunal or any post, under the Union or a State, requiring special knowledge of law after he became an advocate.
(2A) An accountant member shall be a person who has for at least ten years been in the practice of accountancy as a chartered accountant under the Chartered Accountants Act, 1949,(38 of 1949.) or as a registered accountant under any law formerly in force or partly as a registered accountant and partly as a chartered accountant, or who has been a member of the Indian Income-tax Service, Group A and has held the post of Commissioner of Income-tax or any equivalent or higher post for at least three years.".
[Finance Act, 1981]
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Section 18, The Finance Act, 1981 (Act 16 of 1981).
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Questions about Section 18
What does Section 18 of the Finance Act deal with?
Section 18 of the Finance Act is headed "Amendment of section 252". Amendment of section 252. 18. In section 252 of the Income-tax Act, for sub-section (2), the following sub-sections shall be substituted, namely:— "(2) A judicial member shall he a person who has for at least ten years held a judicial office in the territory of India or who has been a member of the
How do I find court cases under Section 18 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 1981 18, section 18 Finance Act 1981, section 18 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 18 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 252 (Appellate Tribunal), so none of them can safely be read on its own. 3 other provisions in this corpus refer back to it.
When was the Finance Act enacted?
Finance Act was enacted in 1981 as Act 16 of 1981. India Code records no commencement date for it. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. First Schedule7383 words
- 36. Insertion of new sections 7A to 7D2293 words
- 2. Income-tax1988 words
- 3. Insertion of new section 10A1080 words
- 37. Insertion of new sections 9A858 words
- 27. Insertion of new section 21AA541 words
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