Amendment of section 9
Section 5 of the Finance Act, 2016 deals with amendment of section 9. Amendment of section 9. 5. In section 9 of the Income-tax Act, in sub-section (1), in clause (i), in Explanation 1, after clause (d), the following clause shall be inserted, namely:— "(e) | in the case of a foreign company engaged in the business of mining of diamonds, no income shall be deemed to a The Act was enacted on 27 Jun 2016.
Amendment of section 9.
5. In section 9 of the Income-tax Act, in sub-section (1), in clause (i), in Explanation 1, after clause (d), the following clause shall be inserted, namely:—
Section 5, The Finance Act, 2016.
"(e) in the case of a foreign company engaged in the business of mining of diamonds, no income shall be deemed to accrue or arise in India to it through or from the activities which are confined to the display of uncut and unassorted diamond in any special zone notified by the Central Government in the Official Gazette in this behalf.".
Cross-references
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Questions about Section 5
What does Section 5 of the Finance Act deal with?
Section 5 of the Finance Act is headed "Amendment of section 9". Amendment of section 9. 5. In section 9 of the Income-tax Act, in sub-section (1), in clause (i), in Explanation 1, after clause (d), the following clause shall be inserted, namely:— "(e) | in the case of a foreign company engaged in the business of mining of diamonds, no income shall be deemed to a
How do I find court cases under Section 5 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 5, section 5 Finance Act 2016, section 5 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 5 of the Finance Act, and has it changed?
Its own text turns on section 9 (Amendment of section 17), Income-tax Act 9 (Income deemed to accrue or arise in India), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.
When was Section 5 of the Finance Act enacted?
Section 5 of the Finance Act, cited as Finance Act 2016 5, was enacted on 27 Jun 2016. It is in force as at the date shown on this page.
Other sections of this Act
- Fourth Schedule. Fourth Schedule21791 words
- Eighth Schedule. Eighth Schedule19903 words
- First Schedule. First Schedule8145 words
- 2. Income-tax3742 words
- 222. Insertion of new Chapter III F2100 words
- 70. Substitution of new section for section 1531931 words
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