An Act to give effect to the financial proposals of the Central Government for the financial year 2008-2009.

Department Department of Revenue

Administered by. Ministry of Finance, Department of Revenue · Other Acts of 2008

What this Act covers

The Finance Act for 2008. 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. 71 sections.

1. 1Short title and commencement
2. 2Income-tax
3. 3Amendment of section 2
4. 4Amendment of section 10
5. 5Amendment of section 10A
6. 6Amendment of section 10B
7. 7Amendment of section 35
8. 8Amendment of section 35D
9. 9Amendment of section 36
10. 10Amendment of section 40
11. 11Amendment of section 40A
12. 12Amendment of section 43
13. 13Amendment of section 44AB
14. 14Amendment of section 47
15. 15Amendment of section 49
16. 16Amendment of section 80C
17. 17Substitution of new section for section 80D
18. 18Amendment of section 80-IB
19. 19Amendment of section 80-ID
20. 20Amendment of section 88E
21. 21Amendment of section 111A
22. 22Amendment of section 115AD
23. 23Amendment of section 115JB
24. 24Amendment of section 115-O
25. 25Amendment of section 115WB
26. 26Amendment of section 115WC
27. 27Amendment of section 115WD
28. 28Amendment of section 115WE
29. 29Insertion of new section 115WKB
30. 30Amendment of section 139
31. 31Amendment of section 142
32. 32Amendment of section 143
33. 33Amendment of section 147
34. 34Amendment of section 151
35. 35Amendment of section 153
36. 36Amendment of section 153A
37. 37Amendment of section 153B
38. 38Amendment of section 153C
39. 39Amendment of section 153D
40. 40Amendment of section 156
41. 41Amendment of section 191
42. 42Amendment of section 193
43. 43Amendment of section 194C
44. 44Amendment of section 195
45. 45Substitution of new section for section 199
46. 46Amendment of section 201
47. 47Amendment of section 203
48. 48Amendment of section 206C
49. 49Amendment of section 251
50. 50Amendment of section 254
51. 51Insertion of new section 268A
52. 52Amendment of section 271
53. 53Insertion of new section 273AA
54. 54Insertion of new section 278AB
55. 55Insertion of new section 282A
56. 56Insertion of new section 292BB
57. 57Amendment of section 292C
58. 58Amendment of section 295
59. 59Amendment of Fourth Schedule
60. 60Amendment of section 17
61. 61Amendment of section 17A
62. 62Amendment of section 18
63. 63Insertion of new section 18BA
64. 64Amendment of section 23A
65. 65Insertion of new section 35GA
66. 66Insertion of new section 42
67. 67Amendment of section 42D
68. 123Amendment of section 13 of Act 58 of 2002
69. 124Amendment of Act 23 of 2004
70. 125Amendment of Act 18 of 2005
71. 102120000000010097THE FIRST SCHEDULE

Related Acts

• The Finance Act, 200796 sections
• The Finance Act, 200989 sections
• The Payment and Settlement Systems Act, 200742 sections
• The Finance Act, 200666 sections
• The Finance Act, 201060 sections
• The Actuaries Act, 200659 sections
• The Government Securities Act, 200636 sections
• The Finance Act, 200570 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 71 sections of this Act has its own page. This page is not a substitute for legal advice.