Section53
The Finance Act, 2000

Amendment of section 115-O

In force As on 16 Oct 2026

Ministry Finance

Section 53 of the Finance Act, 2000 deals with amendment of section 115-O. Amendment of section 115-O. 53. In section 115-O of the Income-tax Act, in sub-section (1), for the words "ten per cent", the words "twenty per cent" shall be substituted with effect from the 1st day of June, 2000.

Amendment of section 115-O.

53. In section 115-O of the Income-tax Act, in sub-section (1), for the words "ten per cent", the words "twenty per cent" shall be substituted with effect from the 1st day of June, 2000.

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Section 53, The Finance Act, 2000.

Questions about Section 53

What does Section 53 of the Finance Act deal with?

Section 53 of the Finance Act is headed "Amendment of section 115-O". Amendment of section 115-O. 53. In section 115-O of the Income-tax Act, in sub-section (1), for the words "ten per cent", the words "twenty per cent" shall be substituted with effect from the 1st day of June, 2000.

How do I find court cases under Section 53 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 53, section 53 Finance Act 2000, section 53 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.