Amendment of section 35-I
Section 81 of the Finance Act, 1991 deals with amendment of section 35-I. Amendment of section 35-I 81. In section 35-I of the Wealth-tax Act,— (a) for sub-sections (3) and (2), the following sub-sections shall be substituted, with effect from the 1st day of October, 1991, namely:— "(1) A person shall not be proceeded against for an offence under this Act except with the
Amendment of section 35-I
81. In section 35-I of the Wealth-tax Act,—
(a) for sub-sections (3) and (2), the following sub-sections shall be substituted, with effect from the 1st day of October, 1991, namely:—
"(1) A person shall not be proceeded against for an offence under this Act except with the previous sanction of the Commissioner or Commissioner (Appeals):
Provided that the Chief Commissioner or, as the case may be, Director General may issue such instructions or directions to the aforesaid wealth-tax authorities as he may deem fit for institution of proceedings under this sub-section,
(2) Any such offence may, either before or after the institution of proceedings, be compounded by the Chief Commissioner or Director General.";
(b) after sub-section (2) as so substituted, the following Explanation shall be inserted and shall be deemed always to have been inserted, namely:—
"Explanation.—For the removal of doubts, it is hereby declared that the power of the Board to issue orders, instructions or directions under this Act shall include and shall be deemed always to have included the power to issue instructions or directions (including instructions or directions to obtain the previous approval of the Board) to other wealth-tax authorities for the proper composition of offences under this section.".
[Finance (No.
2) Act, 1991]
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Section 81, The Finance Act, 1991 (Act 49 of 1991).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Questions about Section 81
What does Section 81 of the Finance Act deal with?
Section 81 of the Finance Act is headed "Amendment of section 35-I". Amendment of section 35-I 81. In section 35-I of the Wealth-tax Act,— (a) for sub-sections (3) and (2), the following sub-sections shall be substituted, with effect from the 1st day of October, 1991, namely:— "(1) A person shall not be proceeded against for an offence under this Act except with the
How do I find court cases under Section 81 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 1991 81, section 81 Finance Act 1991, section 81 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 81 of the Finance Act, and has it changed?
Its own text turns on section 35 (Insertion of new section 80Q), so none of them can safely be read on its own.
When was the Finance Act enacted?
Finance Act was enacted in 1991 as Act 49 of 1991. 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 Schedule7022 words
- 2. Income-tax2374 words
- 32. Insertion of new section 80-IA2233 words
- 101. Substitution of new sections for sections 11 to 131889 words
- 5. Amendment of section 101415 words
- 28. Amendment of section 80HHC1101 words
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