The Finance Act, 2005
An Act to give effect to the financial proposals of the Central Government for the financial year 2005-2006.
Administered by. Ministry of Finance, Department of Revenue · Other Acts of 2005
What this Act covers
The Finance Act for 2005. 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. 70 sections.
- 1Short title and commencement
- 2Income-tax
- 3Amendment of section 2
- 4Amendment of section 10
- 5Amendment of section 10A
- 6Amendment of section 16
- 7Amendment of section 17
- 8Amendment of section 32
- 9Amendment of section 33AC
- 10Amendment of section 35
- 11Amendment of section 35DDA
- 12Amendment of section 36
- 13Amendment of section 40
- 14Amendment of section 43
- 15Amendment of section 47
- 16Amendment of section 49
- 17Amendment of section 54EC
- 18Amendment of section 54ED
- 19Insertion of new section 72AA
- 20Amendment of section 73
- 21Insertion of new section 80C
- 22Amendment of section 80CCC
- 23Amendment of section 80CCD
- 24Insertion of new section 80CCE
- 25Substitution of new section for section 80E
- 26Amendment of section 80-IA
- 27Amendment of section 80-IB
- 28Omission of section 80L
- 29Amendment of section 88
- 30Omission of section 88B
- 31Omission of section 88C
- 32Omission of section 88D
- 33Amendment of section 112
- 34Amendment of section 115A
- 35Amendment of section 115JAA
- 36Amendment of section 115VD
- 37Insertion of new Chapter XII-H
- 38Amendment of section 119
- 39Amendment of section 124
- 40Amendment of section 139
- 41Amendment of section 139A
- 42Amendment of section 140
- 43Amendment of section 140A
- 44Amendment of section 142
- 45Amendment of section 153
- 46Amendment of section 153B
- 47Amendment of section 153C
- 48Amendment of section 194A
- 49Amendment of section 194C
- 50Amendment of section 199
- 51Amendment of section 203
- 52Insertion of new section 206A
- 53Amendment of section 206C
- 54Amendment of section 238
- 55Amendment of section 239
- 56Amendment of section 244A
- 57Amendment of section 246A
- 58Amendment of section 271
- 59Insertion of new section 271FB
- 60Amendment of section 272A
- 61Amendment of section 273B
- 62Amendment of section 276CC
- 63Amendment of section 278
- 64Amendment of section 295
- 113Amendment of Act 5 of 1873
- 114Insertion of new section 8B in Act 2 of 1899
- 115Amendment of section 2 of Act 49 of 1950
- 117Amendment of section 2 of Act 46 of 1959
- 124Amendment of Act 23 of 2004
- First ScheduleFirst Schedule
Related Acts
- The Credit Information Companies (Regulation) Act, 200538 sections
- The Finance Act, 200468 sections
- The Finance Act, 200666 sections
- The Actuaries Act, 200659 sections
- The Government Securities Act, 200636 sections
- The Sick Industrial Companies (Special Provisions) Repeal Act, 20036 sections
- The Finance Act, 2003108 sections
- The Finance Act, 200796 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 70 sections of this Act has its own page. This page is not a substitute for legal advice.