Section121
The Finance Act, 2000

Amendment of Act 21 of 1999

In force As on 11 Oct 2026

Ministry Finance

Section 121 of the Finance Act, 2000 deals with amendment of Act 21 of 1999. Amendment of Act 21 of 1998. 121. In the Finance (No.

Amendment of Act 21 of 1998.

121. In the Finance (No.

2) Act, 1998, with effect from the 1st day of September, 1998,—

(a) in section 88, in clause (e), in sub-clause (ii), for the words "two per cent of the tax arrear", the words "two per cent of the disputed chargeable interest" shall be substituted and shall be deemed to have been substituted;

(b) in section 90, in sub-section (2), for the words "within thirty days of the passing of an order by the designated authority", the words "within thirty days from the date of re­ceipt of an order passed by the designated authority" shall be substituted and shall be deemed to have been substituted.

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Section 121, The Finance Act, 2000.

Questions about Section 121

What does Section 121 of the Finance Act deal with?

Section 121 of the Finance Act is headed "Amendment of Act 21 of 1999". Amendment of Act 21 of 1998. 121. In the Finance (No.

How do I find court cases under Section 121 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 2000 121, section 121 Finance Act 2000, section 121 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

When was the Finance Act enacted?

Finance Act was enacted in 2000. 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

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. 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. This page is not a substitute for legal advice.