# The Finance Act, 2009, Section 62: Amendment of section 194-I

- Act: The Finance Act, 2009
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2009/section/62/

## Text

Amendment of section 194-I. 62. In section 194-I of the Income-tax Act, for clauses (a), (b) and (c ), the following clauses shall be substituted with effect from the 1st day of October, 2009, namely:— "(a ) two per cent for the use of any machinery or plant or equipment; and (b ) ten per cent for the use of any land or building (including factory building) or land appurtenant to a building (including factory building) or furniture or fittings:". © Copyright. Taxmann Publications Pvt. Ltd.

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