Amendment of section 158B
Section 66 of the Finance Act, 2001 deals with amendment of section 158B. Amendment of section 158B. 66. In section 158B of the Income-tax Act, for clause (a), the following clause shall be substituted with effect from the 1st day of June, 2001, namely:— ‘(a) "block period" means the period comprising previous years relevant to six assessment years preceding the previous
Amendment of section 158B.
66. In section 158B of the Income-tax Act, for clause (a), the following clause shall be substituted with effect from the 1st day of June, 2001, namely:—
‘(a) "block period" means the period comprising previous years relevant to six assessment years preceding the previous year in which the search was conducted under section 132 or any requisition was made under section 132A and also includes the period up to the date of the commencement of such search or date of such requisition in the previous year in which the said search was conducted or requisition was made:
Provided that where the search is initiated or the requisition is made before the 1st day of June, 2001, the provisions of this clause shall have effect as if for the words "six assessment years", the words "ten assessment years" had been substituted;’.
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Section 66, The Finance Act, 2001.
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This section refers to
Questions about Section 66
What does Section 66 of the Finance Act deal with?
Section 66 of the Finance Act is headed "Amendment of section 158B". Amendment of section 158B. 66. In section 158B of the Income-tax Act, for clause (a), the following clause shall be substituted with effect from the 1st day of June, 2001, namely:— ‘(a) "block period" means the period comprising previous years relevant to six assessment years preceding the previous
How do I find court cases under Section 66 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 2001 66, section 66 Finance Act 2001, section 66 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 66 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 158B (Definitions), so none of them can safely be read on its own.
When was the Finance Act enacted?
Finance Act was enacted in 2001. 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 Schedule5812 words
- 49. Substitution of new sections for section 922093 words
- 2. Income-tax1972 words
- 5. Amendment of section 101262 words
- 44. Amendment of section 80-IA857 words
- 52. Substitution of new section for section 115AC851 words
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