Amendment of section 201
Section 46 of the Finance Act, 2008 deals with amendment of section 201. Amendment of section 201. 46. In section 201 of the Income-tax Act, for sub-section (1), the following sub-section shall be substituted and shall be deemed to have been substituted with effect from the 1st day of June, 2002, namely:— "(1) Where any person, including the principal officer of a compan
Amendment of section 201.
46. In section 201 of the Income-tax Act, for sub-section (1), the following sub-section shall be substituted and shall be deemed to have been substituted with effect from the 1st day of June, 2002, namely:—
"(1) Where any person, including the principal officer of a company,—
(a ) who is required to deduct any sum in accordance with the provisions of this Act; or
(b ) referred to in sub-section (1A) of section 192, being an employer,
does not deduct, or does not pay, or after so deducting fails to pay, the whole or any part of the tax, as required by or under this Act, then, such person, shall, without prejudice to any other consequences which he may incur, be deemed to be an assessee in default in respect of such tax:
Provided that no penalty shall be charged under section 221 from such person, unless the Assessing Officer is satisfied that such person, without good and sufficient reasons, has failed to deduct and pay such tax.".
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Section 46, The Finance Act, 2008.
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Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Questions about Section 46
What does Section 46 of the Finance Act deal with?
Section 46 of the Finance Act is headed "Amendment of section 201". Amendment of section 201. 46. In section 201 of the Income-tax Act, for sub-section (1), the following sub-section shall be substituted and shall be deemed to have been substituted with effect from the 1st day of June, 2002, namely:— "(1) Where any person, including the principal officer of a compan
How do I find court cases under Section 46 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 2008 46, section 46 Finance Act 2008, section 46 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 46 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 201 (Consequences of failure to deduct or pay), so none of them can safely be read on its own.
When was the Finance Act enacted?
Finance Act was enacted in 2008. 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
- 102120000000010097. THE FIRST SCHEDULE7659 words
- 2. Income-tax3309 words
- 32. Amendment of section 143692 words
- 28. Amendment of section 115WE591 words
- 18. Amendment of section 80-IB496 words
- 17. Substitution of new section for section 80D448 words
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