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Section18
The Finance Act, 2011

Amendment of section 115JB

In force As on 11 Oct 2026

Ministry Finance

Section 18 of the Finance Act, 2011 deals with amendment of section 115JB. Amendment of section 115JB. 18. In section 115JB of the Income-tax Act,— (i ) in sub-section (1), with effect from the 1st day of April, 2012,— (a) for the words, figures and letters "the 1st day of April, ", the words, figures and letters "the 1st day of April, " shall be substituted;

Amendment of section 115JB.

18. In section 115JB of the Income-tax Act,—

(i ) in sub-section (1), with effect from the 1st day of April, 2012,—

(a) for the words, figures and letters "the 1st day of April, 2011", the words, figures and letters "the 1st day of April, 2012" shall be substituted;

(b) for the words "eighteen per cent", at both the places where they occur, the words "eighteen and one-half per cent" shall be substituted;

(ii ) after sub-section (2), in Explanation 1, clause (iv), clause (v) and clause (vi) shall be omitted and shall be deemed to have been omitted with effect from the 1st day of April, 2005;

(iii ) in sub-section (6) [as so inserted by the Special Economic Zones Act, 2005 (28 of 2005)], the following proviso shall be inserted with effect from the 1st day of April, 2012, namely:—

" Provided that the provisions of this sub-section shall cease to have effect in respect of any previous year relevant to the assessment year commencing on or after the 1st day of April, 2012.".

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Section 18, The Finance Act, 2011.

Cross-references

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

This section refers to

  1. Income-tax Act s. 115JB Special provision for payment of tax by certain companies

Questions about Section 18

What does Section 18 of the Finance Act deal with?

Section 18 of the Finance Act is headed "Amendment of section 115JB". Amendment of section 115JB. 18. In section 115JB of the Income-tax Act,— (i ) in sub-section (1), with effect from the 1st day of April, 2012,— (a) for the words, figures and letters "the 1st day of April, ", the words, figures and letters "the 1st day of April, " shall be substituted;

How do I find court cases under Section 18 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 2011 18, section 18 Finance Act 2011, section 18 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 18 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 115JB (Special provision for payment of tax by certain companies), so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 2011. 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.