Amendment of section 158BA
Section 44 of the Finance Act, 1998 deals with amendment of section 158BA. Amendment of section 158BA. 44. In section 158BA of the Income-tax Act, after sub-section (2), the following Explanation shall be inserted and shall be deemed to have been inserted with effect from the 1st day of July, 1995, namely :— "Explanation.—For the removal of doubts, it is hereby declared th
Amendment of section 158BA.
44. In section 158BA of the Income-tax Act, after sub-section (2), the following Explanation shall be inserted and shall be deemed to have been inserted with effect from the 1st day of July, 1995, namely :—
"Explanation.—For the removal of doubts, it is hereby declared that—
(a) the assessment made under this Chapter shall be in addition to the regular assessment in respect of each previous year included in the block period;
(b) the total undisclosed income relating to the block period shall not include the income assessed in any regular assessment as income of such block period;
(c) the income assessed in this Chapter shall not be included in the regular assessment of any previous year included in the block period.".
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Section 44, The Finance Act, 1998.
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Questions about Section 44
What does Section 44 of the Finance Act deal with?
Section 44 of the Finance Act is headed "Amendment of section 158BA". Amendment of section 158BA. 44. In section 158BA of the Income-tax Act, after sub-section (2), the following Explanation shall be inserted and shall be deemed to have been inserted with effect from the 1st day of July, 1995, namely :— "Explanation.—For the removal of doubts, it is hereby declared th
How do I find court cases under Section 44 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 1998 44, section 44 Finance Act 1998, section 44 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 44 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 158BA (total undisclosed income] as a result of search), so none of them can safely be read on its own.
When was the Finance Act enacted?
Finance Act was enacted in 1998. 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
- -. THE SCHEDULE4926 words
- 10. Insertion of new section 33ABA1532 words
- 2. Income-tax1337 words
- 5. Amendment of section 101148 words
- 69. Insertion of new section 23A925 words
- 87. Definitions858 words
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