Insertion of new section 275B
Section 107 of the Finance Act, 2002 deals with insertion of new section 275B. Insertion of new section 275B. 107. After section 275A of the Income-tax Act, the following section shall be inserted with effect from the 1st day of June, 2002, namely:— "275B.
Insertion of new section 275B.
107. After section 275A of the Income-tax Act, the following section shall be inserted with effect from the 1st day of June, 2002, namely:—
"275B. Failure to comply with the provisions of clause (iib) of sub-section (1) of section 132.— If a person who is required to afford the authorised officer the necessary facility to inspect the books of account or other documents, as required under clause (iib) of sub-section (1) of section 132, fails to afford such facility to the authorised officer, he shall be punishable with rigorous imprisonment for a term which may extend to two years and shall also be liable to fine.".
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Section 107, The Finance Act, 2002.
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Questions about Section 107
What does Section 107 of the Finance Act deal with?
Section 107 of the Finance Act is headed "Insertion of new section 275B". Insertion of new section 275B. 107. After section 275A of the Income-tax Act, the following section shall be inserted with effect from the 1st day of June, 2002, namely:— "275B.
How do I find court cases under Section 107 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 2002 107, section 107 Finance Act 2002, section 107 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 107 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 275A (Contravention of order made during search action), so none of them can safely be read on its own.
When was the Finance Act enacted?
Finance Act was enacted in 2002. 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 Schedule5753 words
- 4. Amendment of section 102120 words
- 2. Income-tax1821 words
- 60. Amendment of section 143781 words
- 21. Substitution of new section for section 43A780 words
- 57. Substitution of new section for section 132B724 words
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