An Act to give effect to the financial proposals of the Central Government for the financial year 2003-2004.

Department Department of Revenue

Administered by. Ministry of Finance, Department of Revenue · Other Acts of 2003

What this Act covers

The Finance Act for 2003. 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. 108 sections.

1. 1Short title and commencement
2. 2Income-tax
3. 3Amendment of section 2
4. 4Amendment of section 6
5. 5Amendment of section 9
6. 6Amendment of section 10
7. 7Amendment of section 10A
8. 8Amendment of section 10B
9. 9Amendment of section 10C
10. 10Amendment of section 11
11. 11Amendment of section 12
12. 12Amendment of section 13A
13. 13Amendment of section 16
14. 14Amendment of section 30
15. 15Amendment of section 31
16. 16Amendment of section 33AB
17. 17Amendment of section 33AC
18. 18Amendment of section 36
19. 19Amendment of section 40
20. 20Amendment of section 43
21. 21Amendment of section 43B
22. 22Amendment of section 44AA
23. 23Amendment of section 44AB
24. 24Amendment of section 44AE
25. 25Amendment of section 44BB
26. 26Amendment of section 44BBB
27. 27Amendment of section 44D
28. 28Insertion of new section 44DA
29. 29Amendment of section 45
30. 30Amendment of section 47
31. 31Amendment of section 55
32. 32Amendment of section 57
33. 33Amendment of section 72A
34. 34Substitution of new-section for section 80DD
35. 35Substitution of new section for section 80DDB
36. 36Amendment of section 80G
37. 37Amendment of section 80HHC
38. 38Amendment of section 80-IA
39. 39Amendment of section 80-IB
40. 40Insertion of new section 80-IC
41. 41Amendment of section 80L
42. 42Insertion of new section 80LA
43. 43Omission of section 80M
44. 44Insertion of new section 80QQB
45. 45Insertion of new section 80RRB
46. 46Substitution of new section for section 80U
47. 47Amendment of section 88
48. 48Amendment of section 88B
49. 49Amendment of section 90
50. 50Amendment of section 115A
51. 51Amendment of section 115AC
52. 52Amendment of section 115ACA
53. 53Amendment of section 115AD
54. 54Amendment of section 115C
55. 55Amendment of section 115-O
56. 56Amendment of section 115R
57. 57Amendment of section 115S
58. 58Amendment of section 115T
59. 59Amendment of section 132
60. 60Amendment of section 132B
61. 61Amendment of section 133A
62. 62Amendment of section 139
63. 63Amendment of section 140A
64. 64Amendment of section 143
65. 65Insertion of new sections 153A, 153B and 153C
66. 66Amendment of section 155
67. 67Insertion of new section 158BI
68. 68Amendment of section 163
69. 69Amendment of section 184
70. 70Substitution of new section for section 185
71. 71Amendment of section 191
72. 72Amendment of section 193
73. 73Amendment of section 194
74. 74Amendment of section 194A
75. 75Amendment of section 194C
76. 76Amendment of section 194G
77. 77Amendment of section 194-I
78. 78Amendment of section 194J
79. 79Amendment of section 194K
80. 80Amendment of section 195
81. 81Amendment of section 196A
82. 82Amendment of section 196C
83. 83Amendment of section 196D
84. 84Amendment of section 197
85. 85Amendment of section 197A
86. 86Amendment of section 206
87. 87Amendment of section 206C
88. 88Amendment of section 230
89. 89Amendment of section 234A
90. 90Amendment of section 234B
91. 91Insertion of new section 234D
92. 92Amendment of section 245N
93. 93Amendment of section 246A
94. 94Amendment of section 269T
95. 95Amendment of section 271E
96. 96Amendment of section 275
97. 97Amendment of section 276CC
98. 98Insertion of new section 285BA
99. 99Insertion of Thirteenth and Fourteenth Schedules
100. 100Amendment of section 17 of Act 27 of 1957
101. 101Amendment of section 16 of Act 18 of 1958
102. 102Amendment of section 3
103. 103Amendment of section 4
104. 166Insertion of new sections 46B and 46C in Act 13 of 1989
105. 167Amendment of Second Schedule to Act 21 of 1998
106. 168Amendment of Second Schedule to Act 27 of 1999
107. 169Amendment of Seventh Schedule to Act 14 of 2001
108. First ScheduleFirst Schedule

Related Acts

• The Prevention of Money-Laundering Act, 200281 sections
• The Industrial Development Bank (Transfer of Undertaking and Repeal) Act, 200315 sections
• The Fiscal Responsibility and Budget Management Act, 200314 sections
• The Finance Act, 2002124 sections
• The Finance Act, 200468 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 Sick Industrial Companies (Special Provisions) Repeal Act, 20036 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 108 sections of this Act has its own page. This page is not a substitute for legal advice.