Amendment of section 115AD
Section 27 of the Finance Act, 2004 deals with amendment of section 115AD. Amendment of section 115AD. 27. In section 115AD of the Income-tax Act, in sub-section (1), in clause (ii), the following proviso shall be inserted with effect from the 1st day of April, 2005, namely:— "Provided that the amount of income-tax calculated on the income by way of short-term capital gain
Amendment of section 115AD.
27. In section 115AD of the Income-tax Act, in sub-section (1), in clause (ii), the following proviso shall be inserted with effect from the 1st day of April, 2005, namely:—
"Provided that the amount of income-tax calculated on the income by way of short-term capital gains referred to in section 111A shall be at the rate of ten per cent;".
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Section 27, The Finance Act, 2004.
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 27
What does Section 27 of the Finance Act deal with?
Section 27 of the Finance Act is headed "Amendment of section 115AD". Amendment of section 115AD. 27. In section 115AD of the Income-tax Act, in sub-section (1), in clause (ii), the following proviso shall be inserted with effect from the 1st day of April, 2005, namely:— "Provided that the amount of income-tax calculated on the income by way of short-term capital gain
How do I find court cases under Section 27 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 2004 27, section 27 Finance Act 2004, section 27 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 27 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 2004. 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
- 30. Insertion of new Chapter XII-G7139 words
- First Schedule. First Schedule5961 words
- 2. Income-tax2336 words
- 50. Amendment of section 206C1334 words
- 18. Amendment of section 80IB1046 words
- 5. Amendment of section 10930 words
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