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Section35
The Finance Act, 2005

Amendment of section 115JAA

In force Act 18 of 2005 As on 11 Oct 2026

Act 18 of 2005 Ministry Finance Enacted 13 May 2005 Cited by 1 provision

Section 35 of the Finance Act, 2005 deals with amendment of section 115JAA. Amendment of section 115JAA. 35. In section 115JAA of the Income-tax Act, with effect from the 1st day of April, 2006,— (a ) after sub-section (1), the following sub-section shall be inserted, namely:— "(1A) Where any amount of tax is paid under sub-section (1) of section 115JB by an assessee, being The Act was enacted on 13 May 2005.

Amendment of section 115JAA.

35. In section 115JAA of the Income-tax Act, with effect from the 1st day of April, 2006,—

(a ) after sub-section (1), the following sub-section shall be inserted, namely:—

"(1A) Where any amount of tax is paid under sub-section (1) of section 115JB by an assessee, being a company for the assessment year commencing on the 1st day of April, 2006 and any subsequent assessment year, then, credit in respect of tax so paid shall be allowed to him in accordance with the provisions of this section.";

(b ) in sub-section (2), for the words, brackets, figures and letters "under sub-section (1) of section 115JA", the words, brackets, figures and letters "under sub-section (1) of section 115JA or under sub-section (1) of section 115JB, as the case may be," shall be substituted.

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Section 35, The Finance Act, 2005 (Act 18 of 2005).

Cross-references

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

This section refers to

  1. Income-tax Act s. 115JAA Tax credit in respect of tax paid on deemed income relating to certain companies

Referred to by 1

  1. s. 10 Amendment of section 35

Questions about Section 35

What does Section 35 of the Finance Act deal with?

Section 35 of the Finance Act is headed "Amendment of section 115JAA". Amendment of section 115JAA. 35. In section 115JAA of the Income-tax Act, with effect from the 1st day of April, 2006,— (a ) after sub-section (1), the following sub-section shall be inserted, namely:— "(1A) Where any amount of tax is paid under sub-section (1) of section 115JB by an assessee, being

How do I find court cases under Section 35 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 2005 35, section 35 Finance Act 2005, section 35 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 35 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 115JAA (Tax credit in respect of tax paid on deemed income relating to certain companies), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was Section 35 of the Finance Act enacted?

Section 35 of the Finance Act, cited as Finance Act 2005 35, was enacted on 13 May 2005 as Act 18 of 2005. It is in force as at the date shown on this page.

Other sections of this Act

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.