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Section201
The Finance Act, 2016

Definitions

In force As on 07 Oct 2026

Ministry Finance Enacted 27 Jun 2016

Section 201 of the Finance Act, 2016 deals with definitions. Definitions. 201. (1) In this Scheme, unless the context otherwise requires,— (a) | "declarant" means a person making a declaration under section 202; The Act was enacted on 27 Jun 2016.

Definitions.

201. (1) In this Scheme, unless the context otherwise requires,—

(a)"declarant" means a person making a declaration under section 202;
(b)"designated authority" means an officer not below the rank of a Commissioner of Income-tax and notified by the Principal Chief Commissioner for the purposes of this Scheme;
(c)"disputed income", in relation to an assessment year, means the whole or so much of the total income as is relatable to the disputed tax;
(d)"disputed tax" means the tax determined under the Income-tax Act, or the Wealth-tax Act, which is disputed by the assessee or the declarant, as the case may be;
(e)"disputed wealth", in relation to an assessment year, means the whole or so much of the net wealth as is relatable to the disputed tax;
(f)"Income-tax Act" means the Income-tax Act, 1961 (43 of 1961);
(g)"specified tax" means a tax—
(i)the determination of which is in consequence of or validated by any amendment made to the Income-tax Act or the Wealth-tax Act with retrospective effect and relates to a period prior to the date on which the Act amending the Income-tax Act or the Wealth-tax Act, as the case may be, received the assent of the President; and
(ii)a dispute in respect of such tax is pending as on the 29th day of February, 2016;
(h)"tax arrear" means, the amount of tax, interest or penalty determined under the Income-tax Act or the Wealth-tax Act, in respect of which appeal is pending before the Commissioner of Income-tax (Appeals) or the Commissioner of Wealth-tax (Appeals) as on the 29th day of February, 2016;
(i)"Wealth-tax Act" means the Wealth-tax Act, 1957 (27 of 1957).

(2) All other words and expressions used herein but not defined and defined in the Income-tax Act or the Wealth-tax Act, as the case may be, shall have the meanings respectively assigned to them in those Acts.

Section 201, The Finance Act, 2016.

Cross-references

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

This section refers to

  1. s. 202 Declaration of tax payable

Questions about Section 201

What does Section 201 of the Finance Act deal with?

Section 201 of the Finance Act is headed "Definitions". Definitions. 201. (1) In this Scheme, unless the context otherwise requires,— (a) | "declarant" means a person making a declaration under section 202;

How do I find court cases under Section 201 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 2016 201, section 201 Finance Act 2016, section 201 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 201 of the Finance Act, and has it changed?

Its own text turns on section 202 (Declaration of tax payable), so none of them can safely be read on its own.

When was Section 201 of the Finance Act enacted?

Section 201 of the Finance Act, cited as Finance Act 2016 201, was enacted on 27 Jun 2016. 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.