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Section55
The Finance Act, 1987

Insertion. of new section 203A

In force Act 11 of 1987 As on 18 Oct 2026

Act 11 of 1987 Ministry Finance Cited by 1 provision

Section 55 of the Finance Act, 1987 deals with insertion. of new section 203A. Insertion. of new section 203A 55. In the Income-tax Act, after section 203.

Insertion. of new section 203A

55. In the Income-tax Act, after section 203. the following section shall be inserted with effect from the 1st day of June, 1987, namely: —

Tax-deduction account number

"203A. (1)Every person deducting tax in accordance with the provisions of sections 192 to 194, section 194A, section 194B, section 194BB, section 194C, section 194D and section 195, if he has not been allotted any tax-deduction account number, shall, within such time as may be prescribed, apply to the Income-tax Officer for the allotment of a tax-deduction account number.

(2) Where a tax-deduction account number has been allotted to a person, such person shall quote such number,—

(a) in all challans for the payment of any sum in accordance with the provisions of section 200;

(b) in all certificates issued in accordance with the provisions of section 203;

(c) in all the returns delivered in accordance with the provisions of sections 206, 206A and 206B to any income-tax authority; and

(d) in all other documents pertaining to such transactions as may be prescribed in the interests of revenue.".

[Finance Act, 1987]

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Section 55, The Finance Act, 1987 (Act 11 of 1987).

Cross-references

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

Referred to by 1

  1. s. 25 Amendment of section 55

Questions about Section 55

What does Section 55 of the Finance Act deal with?

Section 55 of the Finance Act is headed "Insertion. of new section 203A". Insertion. of new section 203A 55. In the Income-tax Act, after section 203.

How do I find court cases under Section 55 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 1987 55, section 55 Finance Act 1987, section 55 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 55 of the Finance Act, and has it changed?

1 other provision in this corpus refers back to it.

When was the Finance Act enacted?

Finance Act was enacted in 1987 as Act 11 of 1987. 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

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.