Amendment of section 194-I
Section 62 of the Finance Act, 2009 deals with amendment of section 194-I. 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;
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:".
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Section 62, The Finance Act, 2009.
Questions about Section 62
What does Section 62 of the Finance Act deal with?
Section 62 of the Finance Act is headed "Amendment of section 194-I". 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;
How do I find court cases under Section 62 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 62, section 62 Finance Act 2009, section 62 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
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
- 102120000000010168. THE FIRST SCHEDULE7194 words
- 2. Income-tax2915 words
- 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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