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Section4
The Finance Act, 2015

Amendment of section 6

In force Act 20 of 2015 As on 10 Oct 2026

Act 20 of 2015 Ministry Finance Cited by 2 provisions

Section 4 of the Finance Act, 2015 deals with amendment of section 6. Amendment of section 6. 4. In section 6 of the Income-tax Act,— (i) | in clause (1), the Explanation shall be numbered as Explanation 1 thereof and after Explanation 1 as so numbered, the following Explanation shall be inserted, namely:— "Explanation 2.—For the purposes of this clause, in the case o

Amendment of section 6.

4. In section 6 of the Income-tax Act,—

(i)in clause (1), the Explanation shall be numbered as Explanation 1 thereof and after Explanation 1 as so numbered, the following Explanation shall be inserted, namely:—
"Explanation 2.—For the purposes of this clause, in the case of an individual, being a citizen of India and a member of the crew of a foreign bound ship leaving India, the period or periods of stay in India shall, in respect of such voyage, be determined in the manner and subject to such conditions as may be prescribed.";
(ii)for clause (3), the following clause shall be substituted with effect from the 1st day of April, 2016, namely:—
'(3) A company is said to be resident in India in any previous year, if—
(i)it is an Indian company; or
(ii)its place of effective management, in that year, is in India.
Explanation.—For the purposes of this clause "place of effective management" means a place where key management and commercial decisions that are necessary for the conduct of the business of an entity as a whole, are in substance made.'.
Section 4, The Finance Act, 2015 (Act 20 of 2015).

Cross-references

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

This section refers to

  1. s. 6 Insertion of new section 9A
  2. Income-tax Act s. 6 Residence in India

Referred to by 2

  1. s. 142 Insertion of new section 37A
  2. s. 152 Amendment of section 4

Questions about Section 4

What does Section 4 of the Finance Act deal with?

Section 4 of the Finance Act is headed "Amendment of section 6". Amendment of section 6. 4. In section 6 of the Income-tax Act,— (i) | in clause (1), the Explanation shall be numbered as Explanation 1 thereof and after Explanation 1 as so numbered, the following Explanation shall be inserted, namely:— "Explanation 2.—For the purposes of this clause, in the case o

How do I find court cases under Section 4 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 2015 4, section 4 Finance Act 2015, section 4 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 4 of the Finance Act, and has it changed?

Its own text turns on section 6 (Insertion of new section 9A), Income-tax Act 6 (Residence in India), so none of them can safely be read on its own. 2 other provisions in this corpus refer back to it.

When was the Finance Act enacted?

Finance Act was enacted in 2015 as Act 20 of 2015. 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.