Act-
Enacted 1999

The Finance Act, 1999

In force 102 sections Finance

An Act to give effect to the financial proposals of the Central Government for the financial year 1999-2000.

Department Department of Revenue

Administered by. Ministry of Finance, Department of Revenue · Other Acts of 1999

What this Act covers

The Finance Act for 1999. Its First Schedule carries the rates of income-tax for the year; the rest amends the Income-tax Act and the other fiscal statutes. The rate of tax for a year is fixed here and not in the Income-tax Act.

Sections

Type to filter. 102 sections.

  1. 1Short title and commencement
  2. 2Income-tax
  3. 3Amendment of section 2
  4. 4Substitution of new section for section 3
  5. 5Amendment of section 9
  6. 6Amendment of section 10
  7. 7Insertion of new section 10C
  8. 8Amendment of section 12A
  9. 9Amendment of section 12AA
  10. 10Amendment of section 17
  11. 11Amendment of section 24
  12. 12Amendment of section 32
  13. 13Amendment of section 33ABA
  14. 14Amendment of section 33AC
  15. 15Amendment of section 35
  16. 16Amendment of section 35A
  17. 17Amendment of section 35AB
  18. 18Amendment of section 35ABB
  19. 19Amendment of section 35D
  20. 20Insertion of new section 35DD
  21. 21Amendment of section 35E
  22. 22Amendment of section 36
  23. 23Amendment of section 40A
  24. 24Amendment of section 41
  25. 25Amendment of section 42
  26. 26Amendment of section 43
  27. 27Amendment of section 43B
  28. 28Substitution of new section for section 43D
  29. 29Amendment of section 44AD
  30. 30Amendment of section 44AE
  31. 31Amendment of section 44AF
  32. 32Amendment of section 45
  33. 33Insertion of new section 46A
  34. 34Amendment of section 47
  35. 35Amendment of section 49
  36. 36Insertion of new section 50B
  37. 37Amendment of section 72
  38. 38Substitution of new section for section 72A
  39. 39Amendment of section 79
  40. 40Amendment of section 80D
  41. 41Amendment of section 80DD
  42. 42Amendment of section 80DDB
  43. 43Amendment of section 80G
  44. 44Amendment of section 80HHA
  45. 45Amendment of section 80HHB
  46. 46Amendment of section 80HHC
  47. 47Amendment of section 80HHD
  48. 48Amendment of section 80HHE
  49. 49Insertion of new section 80HHF
  50. 50Substitution of new section for section 80-IA
  51. 51Amendment of section 80JJA
  52. 52Amendment of section 80L
  53. 53Amendment of section 80-O
  54. 54Amendment of section 80R
  55. 55Amendment of section 80RR
  56. 56Amendment of section 80RRA
  57. 57Amendment of section 112
  58. 58Amendment of section 115AC
  59. 59Insertion of new section 115ACA
  60. 60Amendment of section 115AD
  61. 61Insertion of new Chapter XII-E
  62. 62Amendment of section 139
  63. 63Amendment of section 140A
  64. 64Amendment of section 143
  65. 65Amendment of section 154
  66. 66Amendment of section 155
  67. 67Amendment of section 180
  68. 68Amendment of section 180A
  69. 69Amendment of section 194A
  70. 70Amendment of section 194B
  71. 71Amendment of section 194BB
  72. 72Omission of section 194H
  73. 73Amendment of section 194K
  74. 74Insertion of new section 194L
  75. 75Amendment of section 196A
  76. 76Amendment of section 197
  77. 77Amendment of section 197A
  78. 78Amendment of section 198 to 200, 202 to 203A, 204 and 205
  79. 79Amendment of section 201
  80. 80Amendment of section 206C
  81. 81Amendment of section 234A
  82. 82Amendment of section 234B
  83. 83Amendment of section 249
  84. 84Amendment of section 250
  85. 85Amendment of section 253
  86. 86Amendment of section 254
  87. 87Amendment of section 260A
  88. 88Amendment of section 272A
  89. 89Omission of Tenth Schedule
  90. 90Consequential amendments
  91. 91Amendment of section 2
  92. 92Amendment of section 16
  93. 93Amendment of section 23A
  94. 94Amendment of section 24
  95. 95Amendment of section 27
  96. 96Amendment of section 27A
  97. 97Amendment of section 35
  98. 98Amendment of section 4
  99. 99Amendment of section 22
  100. 138Amendment of Act 32 of 1994
  101. 139Amendment of section 76 of Act 21 of 1998
  102. First ScheduleFirst Schedule

Related Acts

Provenance. 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.

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. Every one of the 102 sections of this Act has its own page. This page is not a substitute for legal advice.