Amendment of section 115AD

In force As on 10 Oct 2026

Ministry Finance

Section 53 of the Finance Act, 2003 deals with amendment of section 115AD. Amendment of section 115AD. 53. In section 115AD of the Income-tax Act, in sub-section (1), in clause (a), for the word "income", the words, figures and letter "income other than income by way of dividends referred to in section 115-O" shall be substituted with effect from the 1st day of April, 2004.

Amendment of section 115AD.
53. In section 115AD of the Income-tax Act, in sub-section (1), in clause (a), for the word "income", the words, figures and letter "income other than income by way of dividends referred to in section 115-O" shall be substituted with effect from the 1st day of April, 2004.
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Section 53, The Finance Act, 2003.

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

Income-tax Act s. 115AD Tax on income of Foreign Institutional Investors from securities or capital gains arising from their transfer

Questions about Section 53

What does Section 53 of the Finance Act deal with?

Section 53 of the Finance Act is headed "Amendment of section 115AD". Amendment of section 115AD. 53. In section 115AD of the Income-tax Act, in sub-section (1), in clause (a), for the word "income", the words, figures and letter "income other than income by way of dividends referred to in section 115-O" shall be substituted with effect from the 1st day of April, 2004.

How do I find court cases under Section 53 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 2003 53, section 53 Finance Act 2003, section 53 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 53 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 115AD (Tax on income of Foreign Institutional Investors from securities or capital gains arising from their transfer), so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 2003. 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 Schedule5940 words
2. Income-tax2243 words
6. Amendment of section 101472 words
40. Insertion of new section 80-IC1270 words
99. Insertion of Thirteenth and Fourteenth Schedules1215 words
65. Insertion of new sections 153A, 153B and 153C977 words

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. 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. This page is not a substitute for legal advice.