Amendment of Fourth Schedule
Section 56 of the Finance Act, 2006 deals with amendment of Fourth Schedule. Amendment of Fourth Schedule. 56. In the Fourth Schedule to the Income-tax Act, in Part A, with effect from the 1st day of April, 2007,— (a ) in rule 3, after sub-rule (1), the following proviso shall be inserted, namely:— " Provided that in a case where recognition has been accorded to any providen
Amendment of Fourth Schedule.
56. In the Fourth Schedule to the Income-tax Act, in Part A, with effect from the 1st day of April, 2007,—
(a ) in rule 3, after sub-rule (1), the following proviso shall be inserted, namely:—
" Provided that in a case where recognition has been accorded to any provident fund on or before the 31st day of March, 2006 and such provident fund does not satisfy the conditions set out in clause (ea) of rule 4, the recognition to such fund shall be withdrawn, if such fund does not satisfy, on or before the 31st day of March, 2007, the conditions set out in the said clause and any other condition which the Board may, by rules specify, in this behalf.";
(b ) in rule 4, after clause (e), the following clause shall be inserted, namely:—
"(ea) the fund of an establishment to which the provisions of sub-section (3) or sub-section (4) of section 1 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952) apply, and such establishment has been exempted under section 17 of the said Act from the operation of all or any of the provisions of any Scheme referred to in that section;".
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Section 56, The Finance Act, 2006.
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Questions about Section 56
What does Section 56 of the Finance Act deal with?
Section 56 of the Finance Act is headed "Amendment of Fourth Schedule". Amendment of Fourth Schedule. 56. In the Fourth Schedule to the Income-tax Act, in Part A, with effect from the 1st day of April, 2007,— (a ) in rule 3, after sub-rule (1), the following proviso shall be inserted, namely:— " Provided that in a case where recognition has been accorded to any providen
How do I find court cases under Section 56 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 2006 56, section 56 Finance Act 2006, section 56 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 56 of the Finance Act, and has it changed?
Its own text turns on section 1 (Short title and commencement), so none of them can safely be read on its own.
When was the Finance Act enacted?
Finance Act was enacted in 2006. 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 Schedule7285 words
- 2. Income-tax2665 words
- 4. Amendment of section 10604 words
- 3. Amendment of section 2556 words
- 20. Insertion of new section 90A531 words
- 33. Insertion of new section 139B512 words
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