Amendment of section 23J
Section 138 of the Finance Act, 2017 deals with amendment of section 23J. PART V AMENDMENT TO THE SECURITIES CONTRACTS (REGULATION) ACT, 1956 Amendment of section 23J 138. The Act was enacted on 17 Apr 2017.
PART V
AMENDMENT TO THE SECURITIES CONTRACTS (REGULATION) ACT, 1956
Amendment of section 23J
138. In the Securities Contracts (Regulation) Act, 1956 (42 of 1956), in section 23J, the following Explanation shall be inserted, namely:—
Explanation.—For the removal of doubts, it is clarified that the power of an adjudicating officer to adjudge the quantum of penalty under sections 23A to 23C shall be and shall always be deemed to have exercised under the provisions of this section.''.
Section 138, The Finance Act, 2017.
Questions about Section 138
What does Section 138 of the Finance Act deal with?
Section 138 of the Finance Act is headed "Amendment of section 23J". PART V AMENDMENT TO THE SECURITIES CONTRACTS (REGULATION) ACT, 1956 Amendment of section 23J 138.
How do I find court cases under Section 138 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 2017 138, section 138 Finance Act 2017, section 138 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When was Section 138 of the Finance Act enacted?
Section 138 of the Finance Act, cited as Finance Act 2017 138, was enacted on 17 Apr 2017. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. Income-tax8321 words
- 2. Income-tax4071 words
- 148. Amendment of Chapter VIB1616 words
- 47. Amendment of section 115JB1176 words
- 6. Amendment of section 10856 words
- Sixth Schedule. Sixth Schedule820 words
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.