eCourtsIndia
IndiaCode Laws
Section56
The Finance Act, 1990

Insertion of new section 35EEE

In force Act 12 of 1990 As on 05 Oct 2026

Act 12 of 1990 Ministry Finance

Section 56 of the Finance Act, 1990 deals with insertion of new section 35EEE. Insertion of new section 35EEE 56. After section 35EE of the Wealth-tax Act, the following section shall be inserted, namely:— "35EEE.

Insertion of new section 35EEE

56. After section 35EE of the Wealth-tax Act, the following section shall be inserted, namely:—

"35EEE. Contravention of order made under second proviso to sub-section (1) or sub-section (3A) of section 37A.—If a person contravenes any order referred to in the second proviso to sub-section (1) or sub-section (3A) of section 37A, he shall be punishable with rigorous imprisonment for a term which may extend to two years and with fine.".

[Finance Act, 1990]

© Copyright. Taxmann Publications Pvt. Ltd.

Section 56, The Finance Act, 1990 (Act 12 of 1990).

Cross-references

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

This section refers to

  1. Wealth-tax Act s. 35EE Failure to furnish particulars under section 34ACC

Questions about Section 56

What does Section 56 of the Finance Act deal with?

Section 56 of the Finance Act is headed "Insertion of new section 35EEE". Insertion of new section 35EEE 56. After section 35EE of the Wealth-tax Act, the following section shall be inserted, namely:— "35EEE.

How do I find court cases under Section 56 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 1990 56, section 56 Finance Act 1990, section 56 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 56 of the Finance Act, and has it changed?

Its own text turns on Wealth-tax Act 35EE (Failure to furnish particulars under section 34ACC), so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 1990 as Act 12 of 1990. 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.