Insertion of new section 285BA
Section 98 of the Finance Act, 2003 deals with insertion of new section 285BA. Insertion of new section 285BA. 98. After section 285B of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2004, namely:— "285BA.
Insertion of new section 285BA.
98. After section 285B of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2004, namely:—
"285BA. Annual information return.—Any assessee, who enters into any financial transaction, as may be prescribed, with any other person, shall furnish, within the prescribed time, an annual information return in such form and manner, as may be prescribed, in respect of such financial transaction entered into by him during any previous year.".
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Section 98, The Finance Act, 2003.
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 98
What does Section 98 of the Finance Act deal with?
Section 98 of the Finance Act is headed "Insertion of new section 285BA". Insertion of new section 285BA. 98. After section 285B of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2004, namely:— "285BA.
How do I find court cases under Section 98 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 98, section 98 Finance Act 2003, section 98 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 98 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 285B (Submission of statements by producers of cinematograph films or persons engaged in specified activity), 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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