An Act to give effect to the financial proposals of the Central Government for the financial year 2006-2007.

Department Department of Revenue

Administered by. Ministry of Finance, Department of Revenue · Other Acts of 2006

What this Act covers

The Finance Act for 2006. 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. 66 sections.

1. 1Short title and commencement
2. 2Income-tax
3. 3Amendment of section 2
4. 4Amendment of section 10
5. 5Amendment of section 10B
6. 6Amendment of section 13
7. 7Amendment of section 14A
8. 8Amendment of section 17
9. 9Amendment of section 36
10. 10Amendment of section 40
11. 11Amendment of section 43
12. 12Amendment of section 43B
13. 13Amendment of section 54EC
14. 14Amendment of section 54ED
15. 15Insertion of new section 80AC
16. 16Amendment of section 80C
17. 17Amendment of section 80CCC
18. 18Amendment of section 80-IA
19. 19Amendment of section 80P
20. 20Insertion of new section 90A
21. 21Amendment of section 92C
22. 22Insertion of new section 115BBC
23. 23Amendment of section 115JAA
24. 24Amendment of section 115JB
25. 25Amendment of section 115-O
26. 26Amendment of section 115R
27. 27Amendment of section 115T
28. 28Amendment of section 115WB
29. 29Amendment of section 115WC
30. 30Amendment of section 120
31. 31Amendment of section 139
32. 32Amendment of section139A
33. 33Insertion of new section 139B
34. 34Amendment of section 140A
35. 35Amendment of section 142
36. 36Amendment of section 148
37. 37Amendment of section 153
38. 38Amendment of section 153B
39. 39Amendment of section 155
40. 40Amendment of section 194A
41. 41Amendment of section 199
42. 42Amendment of section 201
43. 43Amendment of section 203
44. 44Amendment of section 203A
45. 45Amendment of section 203AA
46. 46Amendment of section 206
47. 47Amendment of section 206C
48. 48Amendment of section 234A
49. 49Amendment of section 234B
50. 50Amendment of section 234C
51. 51Amendment of section 246A
52. 52Insertion of new section 271CA
53. 53Amendment of section 272A
54. 54Amendment of section 272BB
55. 55Amendment of section 273B
56. 56Amendment of Fourth Schedule
57. 57Amendment of Act 27 of 1957
58. 69Amendment of Act 2 of 1899
59. 70Repeal of Act 11 of 1926
60. 71Amendment of section 14 of Act 74 of 1956
61. 72Amendment of First Schedule to Act 58 of 1957
62. 73Amendment of Schedule to Act 47 of 1974
63. 74Amendment of Schedule to Act 40 of 1978
64. 75Amendment of Seventh Schedule to Act 14 of 2001
65. 76Amendment of Act 23 of 2004
66. First ScheduleFirst Schedule

Related Acts

• The Actuaries Act, 200659 sections
• The Government Securities Act, 200636 sections
• The Finance Act, 200796 sections
• The Finance Act, 200570 sections
• The Payment and Settlement Systems Act, 200742 sections
• The Credit Information Companies (Regulation) Act, 200538 sections
• The Finance Act, 200871 sections
• The Finance Act, 200468 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 66 sections of this Act has its own page. This page is not a substitute for legal advice.