An Act to give effect to the financial proposals of the Central Government for the financial year 2013-2014.

Department Department of Revenue

Administered by. Ministry of Finance, Department of Revenue · Other Acts of 2013

What this Act covers

The Finance Act for 2013. 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. 142 sections.

1. 1Short title and commencement
2. 2Income-tax
3. 3Amendment of section 2
4. 4Substitution of reference of certain expression by other expression
5. 5Amendment of section 10
6. 6Insertion of new section 32AC
7. 7Amendment of section 36
8. 8Amendment of section 40
9. 9Amendment of section 43
10. 10Insertion of new section 43CA
11. 11Amendment of section 56
12. 12Amendment of section 80C
13. 13Amendment of section 80CCG
14. 14Amendment of section 80D
15. 15Insertion of new section 80EE
16. 16Amendment of section 80G
17. 17Amendment of section 80GGB
18. 18Amendment of section 80GGC
19. 19Amendment of section 80-IA
20. 20Amendment of section 80JJAA
21. 21Amendment of section 87
22. 22Insertion of new section 87A
23. 23Amendment of section 90
24. 24Amendment of section 90A
25. 25Omission of Chapter X-A relating to General Anti-Avoidance Rule
26. 26Insertion of new Chapter X-A
27. 27Amendment of section 115A
28. 28Amendment of section 115AD
29. 29Amendment of section 115BBD
30. 30Amendment of section 115-O
31. 31Insertion of new Chapter XII-DA
32. 32Amendment of section 115R
33. 33Insertion of new Chapter XII-EA
34. 34Amendment of section 132B
35. 35Amendment of section 138
36. 36Amendment of section 139
37. 37Amendment of section 142
38. 38Omission of section 144BA
39. 39Insertion of new section 144BA
40. 40Amendment of section 144C
41. 41Amendment of section 153
42. 42Amendment of section 153B
43. 43Amendment of section 153D
44. 44Amendment of section 167C
45. 45Amendment of section 179
46. 46Insertion of new section 194-IA
47. 47Insertion of new section 194LD
48. 48Amendment of section 195
49. 49Amendment of section 196D
50. 50Amendment of section 204
51. 51Amendment of section 206AA
52. 52Amendment of section 206C
53. 53Amendment of section 245N
54. 54Amendment of section 245R
55. 55Amendment of section 246A
56. 56Amendment of section 252
57. 57Amendment of section 253
58. 58Substitution of new section for section 271FA
59. 59Amendment of section 295
60. 60Amendment of Fourth Schedule
61. 61Amendment of section 2
62. 62Insertion of new sections 14A and 14B
63. 63Amendment of section 46
64. 64Amendment of section 11
65. 65Amendment of section 27
66. 66Amendment of section 28
67. 67Amendment of section 28BA
68. 68Amendment of section 28E
69. 69Amendment of section 29
70. 70Amendment of section 30
71. 71Amendment of section 41
72. 72Amendment of section 47
73. 73Amendment of section 49
74. 74Amendment of section 69
75. 75Amendment of section 104
76. 76Amendment of section 129B
77. 77Amendment of section 129C
78. 78Amendment of section 135
79. 79Amendment of section 142
80. 80Omission of section 143A
81. 81Amendment of section 144
82. 82Substitution of new section for section 146
83. 83Amendment of section 146A
84. 84Amendment of section 147
85. 85Amendment of notification issued under sub-section (1) of section 25 of Customs Act retrospectively
86. 86Amendment of First Schedule
87. 87Amendment of Second Schedule
88. 88Amendment of section 9
89. 89Amendment of section 9A
90. 90Amendment of section 11
91. 91Amendment of section 11A
92. 92Amendment of section 11DDA
93. 93Amendment of section 20
94. 94Amendment of section 21
95. 95Amendment of section 23A
96. 96Amendment of section 23C
97. 97Amendment of section 23F
98. 98Amendment of section 35C
99. 99Amendment of section 35D
100. 100Amendment of section 37C
101. 101Amendment of Third Schedule
102. 102Amendment of First Schedule
103. 103Amendment of Act 32 of 1994
104. 104Short title
105. 105Definitions
106. 106Person who may make declaration of tax dues
107. 107Procedure for making declaration and payment of tax dues
108. 108Immunity from penalty, interest and other proceeding
109. 109No refund of amount paid under the Scheme
110. 110Tax dues declared but not paid
111. 111Failure to make true declaration
112. 112Removal of doubts
113. 113Power to remove difficulties
114. 114Power to make rules
115. 115Extent, commencement and application
116. 116Definitions
117. 117Charge of commodities transaction tax
118. 118Value of taxable commodities transaction
119. 119Collection and recovery of commodities transaction tax
120. 120Furnishing of return
121. 121Assessment
122. 122Rectification of mistake
123. 123Interest on delayed payment of commodities transaction tax
124. 124Penalty for failure to collect or pay commodities transaction tax
125. 125Penalty for failure to furnish return
126. 126Penalty for failure to comply with notice
127. 127Penalty not to be imposed in certain cases
128. 128Application of certain provisions of Income-tax Act
129. 129Appeal to Commissioner of Income-tax (Appeals)
130. 130Appeal to Appellate Tribunal
131. 131Punishment for false statement
132. 132Institution of prosecution
133. 132AChapter VII not to apply in certain cases
134. 133Power to make rules
135. 134Power to remove difficulties
136. 135Amendment of Act 23 of 2004
137. First ScheduleFirst Schedule
138. The Second SchduleTHE SECOND SCHEDULE
139. Third ScheduleThird Schedule
140. Fourth ScheduleFourth Schedule
141. Fifth ScheduleFifth Schedule
142. Sixth ScheduleSixth Schedule

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• The Factoring Regulation Act, 201136 sections
• The Finance Act, 2015165 sections
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• The Finance Act, 201136 sections
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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 142 sections of this Act has its own page. This page is not a substitute for legal advice.