Amendment of section 245R
Section 64 of the Finance Act, 2000 deals with amendment of section 245R. Amendment of section 245R. 64. In section 245R of the Income-tax Act, in sub-section (2), for the first proviso, the following proviso shall be substituted with effect from the 1st day of June, 2000, namely:— "Provided that the Authority shall not allow the application where the question raised in t
Amendment of section 245R.
64. In section 245R of the Income-tax Act, in sub-section (2), for the first proviso, the following proviso shall be substituted with effect from the 1st day of June, 2000, namely:—
"Provided that the Authority shall not allow the application where the question raised in the application,—
(i) is already pending before any income-tax authority or Appellate Tribunal [except in the case of a resident applicant falling in sub-clause (iii) of clause (b) of section 245N] or any court;
(ii) involves determination of fair market value of any property;
(iii) relates to a transaction or issue which is designed prima facie for the avoidance of income-tax [except in the case of a resident applicant falling in sub-clause (iii) of clause ( b) of section 245N]:".
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Section 64, The Finance Act, 2000.
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This section refers to
Questions about Section 64
What does Section 64 of the Finance Act deal with?
Section 64 of the Finance Act is headed "Amendment of section 245R". Amendment of section 245R. 64. In section 245R of the Income-tax Act, in sub-section (2), for the first proviso, the following proviso shall be substituted with effect from the 1st day of June, 2000, namely:— "Provided that the Authority shall not allow the application where the question raised in t
How do I find court cases under Section 64 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 64, section 64 Finance Act 2000, section 64 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 64 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 245R (Procedure on receipt of application), so none of them can safely be read on its own.
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
- First Schedule. First Schedule5680 words
- 2. Income-tax2342 words
- 6. Substitution of new section for section 10A1803 words
- 7. Substitution of new section for section 10B1573 words
- 52. Insertion of new section 115JB1090 words
- 5. Amendment of section 10957 words
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