Amendment of section 80RRA
Section 56 of the Finance Act, 1999 deals with amendment of section 80RRA. Amendment of section 80RRA. 56. In section 80RRA of the Income-tax Act, with effect from the 1st day of June, 1999,— (a ) in sub-section (1), for the portion beginning with the words "where the Chief Commissioner" and ending with the words "may allow in this behalf", the words "within such further p
Amendment of section 80RRA.
56. In section 80RRA of the Income-tax Act, with effect from the 1st day of June, 1999,—
(a ) in sub-section (1), for the portion beginning with the words "where the Chief 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 ) after sub-section (2), in the Explanation, after clause (c), the following clause shall be inserted, namely:—
‘(d) "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 56, The Finance Act, 1999.
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 56
What does Section 56 of the Finance Act deal with?
Section 56 of the Finance Act is headed "Amendment of section 80RRA". Amendment of section 80RRA. 56. In section 80RRA of the Income-tax Act, with effect from the 1st day of June, 1999,— (a ) in sub-section (1), for the portion beginning with the words "where the Chief Commissioner" and ending with the words "may allow in this behalf", the words "within such further p
How do I find court cases under Section 56 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 56, section 56 Finance Act 1999, section 56 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 56 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 80RRA (Deduction in respect of remuneration received for services rendered outside India), so none of them can safely be read on its own.
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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