Amendment of section 197A
Section 39 of the Finance Act, 1995 deals with amendment of section 197A. Amendment of section 197A. 39. In section 197A of the Income-tax Act, for sub-section (1A), the following sub-section shall be substituted with effect from the 1st day of July, 1995, namely:— "(1A) Notwithstanding anything contained in section 194A or section 194K, no deduction of tax shall be made
Amendment of section 197A.
39. In section 197A of the Income-tax Act, for sub-section (1A), the following sub-section shall be substituted with effect from the 1st day of July, 1995, namely:—
"(1A) Notwithstanding anything contained in section 194A or section 194K, no deduction of tax shall be made under either of the said sections in the case of a person (not being a company or a firm), if such person furnishes to the person responsible for paying any income of the nature referred to in section 194A or section 194K, as the case may be, a declaration in writing in duplicate in the prescribed form and verified in the prescribed manner to the effect that the tax on his estimated total income of the previous year in which such income is to be included in computing his total income will be nil'".
[Finance Act, 1995]
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Section 39, The Finance Act, 1995 (Act 22 of 1995).
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Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Questions about Section 39
What does Section 39 of the Finance Act deal with?
Section 39 of the Finance Act is headed "Amendment of section 197A". Amendment of section 197A. 39. In section 197A of the Income-tax Act, for sub-section (1A), the following sub-section shall be substituted with effect from the 1st day of July, 1995, namely:— "(1A) Notwithstanding anything contained in section 194A or section 194K, no deduction of tax shall be made
How do I find court cases under Section 39 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 39, section 39 Finance Act 1995, section 39 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 39 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 197A (No deduction to be made in certain cases), so none of them can safely be read on its own.
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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