Amendment of section 115BBC
Section 43 of the Finance Act, 2009 deals with amendment of section 115BBC. Amendment of section 115BBC. 43. In section 115BBC of the Income-tax Act, in sub-section (1), with effect from the 1st day of April, 2010,— (a ) for clause (i), the following clause shall be substituted, namely:— "(i) the amount of income-tax calculated at the rate of thirty per cent on the aggrega
Amendment of section 115BBC.
43. In section 115BBC of the Income-tax Act, in sub-section (1), with effect from the 1st day of April, 2010,—
(a ) for clause (i), the following clause shall be substituted, namely:—
"(i) the amount of income-tax calculated at the rate of thirty per cent on the aggregate of anonymous donations received in excess of the higher of the following, namely:—
( A) five per cent of the total donations received by the assessee; or
(B ) one lakh rupees; and";
( b) for clause (ii), the following clause shall be substituted, namely,—
"(ii) the amount of income-tax with which the assessee would have been chargeable had his total income been reduced by the aggregate of anonymous donations received.".
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Section 43, The Finance Act, 2009.
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Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Referred to by 1
Questions about Section 43
What does Section 43 of the Finance Act deal with?
Section 43 of the Finance Act is headed "Amendment of section 115BBC". Amendment of section 115BBC. 43. In section 115BBC of the Income-tax Act, in sub-section (1), with effect from the 1st day of April, 2010,— (a ) for clause (i), the following clause shall be substituted, namely:— "(i) the amount of income-tax calculated at the rate of thirty per cent on the aggrega
How do I find court cases under Section 43 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 2009 43, section 43 Finance Act 2009, section 43 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 43 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 115BBC (Anonymous donations to be taxed in certain cases), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.
When was the Finance Act enacted?
Finance Act was enacted in 2009. 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
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- 13. Insertion of new section 35AD1148 words
- 61. Substitution of new section for section 194C936 words
- 37. Amendment of section 80-IB761 words
- 56. Insertion of new section 144C751 words
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