Amendment of section 194A
Section 74 of the Finance Act, 2003 deals with amendment of section 194A. Amendment of section 194A. 74. In section 194A of the Income-tax Act, in sub-section (3), after clause (viii) and before the Explanation, the following clause shall be inserted with effect from the 1st day of June, 2003, namely :— "(ix) to such income credited or paid by way of interest on the compe
Amendment of section 194A.
74. In section 194A of the Income-tax Act, in sub-section (3), after clause (viii) and before the Explanation, the following clause shall be inserted with effect from the 1st day of June, 2003, namely :—
"(ix) to such income credited or paid by way of interest on the compensation amount awarded by the Motor Accidents Claims Tribunal where the amount of such income or, as the case may be, the aggregate of the amounts of such income credited or paid during the financial year does not exceed fifty thousand rupees.".
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Section 74, The Finance Act, 2003.
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Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Questions about Section 74
What does Section 74 of the Finance Act deal with?
Section 74 of the Finance Act is headed "Amendment of section 194A". Amendment of section 194A. 74. In section 194A of the Income-tax Act, in sub-section (3), after clause (viii) and before the Explanation, the following clause shall be inserted with effect from the 1st day of June, 2003, namely :— "(ix) to such income credited or paid by way of interest on the compe
How do I find court cases under Section 74 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 74, section 74 Finance Act 2003, section 74 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 74 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 194A (Interest other than "Interest on securities"), 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
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