Section70
The Finance Act, 2009

Amendment of section 206C

In force As on 13 Oct 2026

Ministry Finance

Section 70 of the Finance Act, 2009 deals with amendment of section 206C. Amendment of section 206C. 70. In section 206C of the Income-tax Act, in sub-section (3), in the proviso, for the words, figures and letters "prepare quarter­ly statements for the period ending on the 30th June, the 30th September, the 31st December and the 31st March in each finan­cial year", the w

Amendment of section 206C.

70. In section 206C of the Income-tax Act, in sub-section (3), in the proviso, for the words, figures and letters "prepare quarter­ly statements for the period ending on the 30th June, the 30th September, the 31st December and the 31st March in each finan­cial year", the words "prepare such statements for such period as may be prescribed" shall be substituted with effect from the 1st day of October, 2009.

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Section 70, The Finance Act, 2009.

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

Questions about Section 70

What does Section 70 of the Finance Act deal with?

Section 70 of the Finance Act is headed "Amendment of section 206C". Amendment of section 206C. 70. In section 206C of the Income-tax Act, in sub-section (3), in the proviso, for the words, figures and letters "prepare quarter­ly statements for the period ending on the 30th June, the 30th September, the 31st December and the 31st March in each finan­cial year", the w

How do I find court cases under Section 70 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 70, section 70 Finance Act 2009, section 70 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 70 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 206C (Profits and gains from the business of trading in alcoholic liquor, forest produce, scrap, etc), so none of them can safely be read on its own.

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

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. 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. This page is not a substitute for legal advice.