Amendment of section 80HHE
Section 48 of the Finance Act, 1999 deals with amendment of section 80HHE. Amendment of section 80HHE. 48. In section 80HHE of the Income-tax Act, in sub-section (2), with effect from the 1st day of June, 1999,— (a ) for the portion beginning with the words "where the Commissioner" and ending with the words "may allow in this behalf", the words "within such further period
Amendment of section 80HHE.
48. In section 80HHE of the Income-tax Act, in sub-section (2), with effect from the 1st day of June, 1999,—
(a ) for the portion beginning with the words "where the Commissioner" and ending with the words "may allow in this behalf", the words "within such further period as the competent authority may allow in this behalf" shall be substituted;
(b ) the Explanation shall be numbered as Explanation 1 thereof and after Explanation 1 as so numbered, the following Explanation shall be inserted, namely:—
‘ Explanation 2.—For the purposes of this sub-section, the expression "competent authority" means the Reserve Bank of India or such other authority as is authorised under any law for the time being in force for regulating payments and dealings in foreign exchange.’.
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Section 48, The Finance Act, 1999.
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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 48
What does Section 48 of the Finance Act deal with?
Section 48 of the Finance Act is headed "Amendment of section 80HHE". Amendment of section 80HHE. 48. In section 80HHE of the Income-tax Act, in sub-section (2), with effect from the 1st day of June, 1999,— (a ) for the portion beginning with the words "where the Commissioner" and ending with the words "may allow in this behalf", the words "within such further period
How do I find court cases under Section 48 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 1999 48, section 48 Finance Act 1999, section 48 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 48 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 80HHE (Deduction in respect of profits from export of computer software, etc), so none of them can safely be read on its own. 5 other provisions in this corpus refer back to it.
When was the Finance Act enacted?
Finance Act was enacted in 1999. 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
- 50. Substitution of new section for section 80-IA5311 words
- First Schedule. First Schedule5092 words
- 2. Income-tax1942 words
- 6. Amendment of section 101681 words
- 3. Amendment of section 21112 words
- 38. Substitution of new section for section 72A903 words
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