An Act to give effect to the financial proposals of the Central Government for the financial year 2012-2013.

Department Department of Revenue

Administered by. Ministry of Finance, Department of Revenue · Other Acts of 2012

What this Act covers

The Finance Act for 2012. Its First Schedule carries the rates of income-tax for the year; the rest amends the Income-tax Act and the other fiscal statutes. The rate of tax for a year is fixed here and not in the Income-tax Act.

Sections

Type to filter. 121 sections.

1. 1Short title and commencement
2. 2Income-tax
3. 3Amendment of section 2
4. 4Amendment of section 9
5. 5Amendment of section 10
6. 6Amendment of section 13
7. 7Amendment of section 32
8. 8Amendment of section 35
9. 9Amendment of section 35AD
10. 10Insertion of new sections 35CCC and 35CCD
11. 11Amendment of section 40
12. 12Amendment of section 40A
13. 13Amendment of section 44AB
14. 14Amendment of section 44AD
15. 15Amendment of section 47
16. 16Amendment of section 49
17. 17Insertion of new section 50D
18. 18Amendment of section 54B
19. 19Insertion of new section 54GB
20. 20Amendment of section 55A
21. 21Amendment of section 56
22. 22Amendment of section 68
23. 23Amendment of section 80A
24. 24Amendment of section 80C
25. 25Insertion of new section 80CCG
26. 26Amendment of section 80D
27. 27Amendment of section 80DDB
28. 28Amendment of section 80G
29. 29Amendment of section 80GGA
30. 30Amendment of section 80-IA
31. 31Insertion of new Part
32. 32Amendment of section 90
33. 33Amendment of section 90A
34. 34Amendment of section 92
35. 35Amendment of section 92B
36. 36Insertion of new section 92BA
37. 37Amendment of section 92C
38. 38Amendment of Chapter X
39. 39Amendment of section 92CA
40. 40Insertion of new sections 92CC and 92CD
41. 41Insertion of new Chapter X-A
42. 42Amendment of section 111A
43. 43Amendment of section 112
44. 44Amendment of section 115A
45. 45Amendment of section 115BBA
46. 46Amendment of section 115BBD
47. 47Insertion of new section 115BBE
48. 48Amendment of section 115JB
49. 49Amendment of Chapter XII-BA
50. 50Substitution of new section for section 115JC
51. 51Amendment of section 115JD
52. 52Amendment of section 115JE
53. 53Insertion of new section 115JEE
54. 54Amendment of section 115JF
55. 55Insertion of new Chapter XII-BB
56. 56Amendment of section 115-O
57. 57Amendment of section 115U
58. 58Amendment of section 115VG
59. 59Amendment of section 139
60. 60Amendment of section 140A
61. 61Amendment of section 143
62. 62Insertion of new section 144BA
63. 63Amendment of section 144C
64. 64Amendment of section 147
65. 65Amendment of section 149
66. 66Amendment of section 153
67. 67Amendment of section 153A
68. 68Amendment of section 153B
69. 69Amendment of section 153C
70. 70Amendment of section 154
71. 71Amendment of section 156
72. 72Amendment of section 193
73. 73Amendment of section 194E
74. 74Amendment of section 194J
75. 75Amendment of section 194LA
76. 76Insertion of new section 194LC
77. 77Amendment of section 195
78. 78Amendment of section 197A
79. 79Amendment of section 201
80. 80Amendment of section 204
81. 81Amendment of section 206C
82. 82Amendment of section 207
83. 83Amendment of section 209
84. 84Amendment of section 220
85. 85Amendment of section 234A
86. 86Amendment of section 234B
87. 87Amendment of section 234C
88. 88Amendment of section 234D
89. 89Insertion of new section 234E
90. 90Amendment of section 245C
91. 91Amendment of section 245N
92. 92Amendment of section 245Q
93. 93Amendment of section 245R
94. 94Amendment of section 246A
95. 95Amendment of section 253
96. 96Amendment of section 254
97. 97Amendment of section 271
98. 98Substitution of new section for section 271AA
99. 99Amendment of section 271AA
100. 100Amendment of section 271AAA
101. 101Insertion of new section 271AAB
102. 102Amendment of section 271G
103. 103Insertion of new section 271H
104. 104Amendment of section 272A
105. 105Amendment of section 273B
106. 106Amendment of section 276C
107. 107Amendment of section 276CC
108. 108Amendment of section 277
109. 109Amendment of section 277A
110. 110Amendment of section 278
111. 111Insertion of new sections 280A, 280B, 280C and 280D
112. 112Insertion of new section 292CC
113. 113Amendment of section 296
114. 114Amendment of Fourth Schedule
115. 115Amendment of section 2
116. 116Amendment of section 17
117. 117Amendment of section 17A
118. 118Amendment of section 45
119. 119Validation of demands, etc., under Income-tax Act, 1961 in certain cases
120. 153Amendment of Act 23 of 2004
121. First ScheduleFirst Schedule

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Provenance. 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.

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. Every one of the 121 sections of this Act has its own page. This page is not a substitute for legal advice.