An Act to give effect to the financial proposals of the Central Government for the financial year 2001-2002.

Department Department of Revenue

Administered by. Ministry of Finance, Department of Revenue · Other Acts of 2001

What this Act covers

The Finance Act for 2001. Its First Schedule carries the rates of income-tax for the year; the rest amends the Income-tax Act and the other fiscal statutes. The rate of tax for a year is fixed here and not in the Income-tax Act.

Sections

Type to filter. 102 sections.

1. 1Short title and commencement
2. 2Income-tax
3. 3Amendment of section 2
4. 4Amendment of section 9
5. 5Amendment of section 10
6. 6Amendment of section 10A
7. 7Amendment of section 10B
8. 8Insertion of new section 10BB
9. 9Amendment of section 11
10. 10Amendment of section 12A
11. 11Insertion of new section 14A
12. 12Amendment of section 16
13. 13Amendment of section 17
14. 14Substitution of new section for section 23
15. 15Substitution of new section for section 24
16. 16Amendment of section 25
17. 17Amendment of section 25A
18. 18Insertion of new section 25AA
19. 19Amendment of section 25B
20. 20Amendment of section 27
21. 21Amendment of section 32
22. 22Amendment of section 33AB
23. 23Amendment of section 35
24. 24Insertion of new section 35DDA
25. 25Amendment of section 36
26. 26Amendment of section 43
27. 27Amendment of section 43B
28. 28Amendment of section 44AB
29. 29Amendment of section 47
30. 30Amendment of section 49
31. 31Amendment of section 54EC
32. 32Insertion of new section 54ED
33. 33Amendment of section 54H
34. 34Amendment of section 55
35. 35Amendment of section 72A
36. 36Amendment of section 80CCC
37. 37Amendment of section 80D
38. 38Amendment of section 80DD
39. 39Amendment of section 80G
40. 40Amendment of section 80GG
41. 41Amendment of section 80HHC
42. 42Amendment of section 80HHE
43. 43Amendment of section 80HHF
44. 44Amendment of section 80-IA
45. 45Amendment of section 80-IB
46. 46Amendment of section 80L
47. 47Amendment of section 88
48. 48Amendment of section 90
49. 49Substitution of new sections for section 92
50. 50Amendment of section 94
51. 51Amendment of section 115AB
52. 52Substitution of new section for section 115AC
53. 53Amendment of section 115ACA
54. 54Amendment of section 115BB
55. 55Amendment of section 115-O
56. 56Amendment of section 115P
57. 57Amendment of section 115R
58. 58Amendment of section 115S
59. 59Amendment of section 139
60. 60Amendment of section 139A
61. 61Amendment of section 140A
62. 62Amendment of section 143
63. 63Amendment of section 149
64. 64Amendment of section 153
65. 65Amendment of section 154
66. 66Amendment of section 158B
67. 67Amendment of section 158BFA
68. 68Amendment of section 192
69. 69Amendment of section 194A
70. 70Amendment of section 194B
71. 71Insertion of new section 194H
72. 72Amendment of section 194C
73. 73Amendment of section 197
74. 74Amendment of section 201
75. 75Amendment of section 206C
76. 76Amendment of section 220
77. 77Omission of section 230A
78. 78Amendment of section 234A
79. 79Amendment of section 234B
80. 80Amendment of section 234C
81. 81Omission of section 241
82. 82Amendment of section 244A
83. 83Amendment of section 251
84. 84Amendment of section 254
85. 85Amendment of section 264
86. 86Amendment of section 271
87. 87Amendment of section 271A
88. 88Amendment of section 271AA
89. 89Amendment of section 271BA
90. 90Amendment of section 271F
91. 91Insertion of new section 271G
92. 92Amendment of section 272A
93. 93Amendment of section 272BB
94. 94Amendment of section 273B
95. 95Amendment of Second Schedule
96. 96Amendment of section 17
97. 97Amendment of section 17A
98. 98Amendment of section 17B
99. 99Amendment of section 31
100. 100Amendment of section 34A
101. 101Amendment of section 14 of Act 35 of 1987
102. First ScheduleFirst Schedule

Related Acts

• The Finance Act, 2002124 sections
• The Finance Act, 200082 sections
• The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 200261 sections
• The Unit Trust of India (Transfer of Undertaking and Repeal) Act, 200225 sections
• The Central Road and Infrastructure Fund Act, 200016 sections
• The Finance Act, 2003108 sections
• The Finance Act, 1999102 sections
• The Prevention of Money-Laundering Act, 200281 sections

Provenance. 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.

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. Every one of the 102 sections of this Act has its own page. This page is not a substitute for legal advice.