Amendment of section 194-1
Section 35 of the Finance Act, 1995 deals with amendment of section 194-1. Amendment of section 194-1. 35. In section 194-1 of the Income-tax Act, in the opening portion, for the words "deduct income-tax thereon at the rate of twenty per cent.", the following shall be substituted with effect from the 1st day of July, 1995, namely:— "deduct income-tax thereon at the rate of
Amendment of section 194-1.
35. In section 194-1 of the Income-tax Act, in the opening portion, for the words "deduct income-tax thereon at the rate of twenty per cent.", the following shall be substituted with effect from the 1st day of July, 1995, namely:—
"deduct income-tax thereon at the rate of—
(a) fifteen per cent. if the payee is an individual or a Hindu undivided family; and
(b) twenty per cent. in other cases".
[Finance Act, 1995]
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Section 35, The Finance Act, 1995 (Act 22 of 1995).
Questions about Section 35
What does Section 35 of the Finance Act deal with?
Section 35 of the Finance Act is headed "Amendment of section 194-1". Amendment of section 194-1. 35. In section 194-1 of the Income-tax Act, in the opening portion, for the words "deduct income-tax thereon at the rate of twenty per cent.", the following shall be substituted with effect from the 1st day of July, 1995, namely:— "deduct income-tax thereon at the rate of
How do I find court cases under Section 35 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 1995 35, section 35 Finance Act 1995, section 35 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When was the Finance Act enacted?
Finance Act was enacted in 1995 as Act 22 of 1995. 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 Schedule5064 words
- 2. Income-tax1851 words
- 32. Insertion of new Chapter XIV-B1627 words
- 4. Amendment of section 101177 words
- 36. Insertion of new sections 194J and 194K967 words
- 30. Substitution of new section for section 139A690 words
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