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Section4
The Finance Act, 2017

Amendment of section 9

In force As on 10 Oct 2026

Ministry Finance Enacted 17 Apr 2017

Section 4 of the Finance Act, 2017 deals with amendment of section 9. Amendment of section 9. 4. In section 9 of the Income-tax Act, in sub-section (1), in clause (i), in Explanation 5,— (i) | the following proviso shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 2012, namely.— "Provided that nothing contained in this The Act was enacted on 17 Apr 2017.

Amendment of section 9.

4. In section 9 of the Income-tax Act, in sub-section (1), in clause (i), in Explanation 5,—

(i)the following proviso shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 2012, namely.—
"Provided that nothing contained in this Explanation shall apply to an asset or capital asset, which is held by a non-resident by way of investment, directly or indirectly, in a Foreign Institutional Investor as referred to in clause (a) of the Explanation to section 115AD for an assessment year commencing on or after the 1st day of April, 2012 but before the 1st day of April, 2015:";
(ii)after the first proviso as so inserted, the following proviso shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 2015, namely:—
"Provided further that nothing contained in this Explanation shall apply to an asset or capital asset, which is held by a non-resident by way of investment, directly or indirectly, in Category-I or Category-II foreign portfolio investor under the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014, made under the Securities and Exchange Board of India Act, 1992 (15 of 1992).".
Section 4, The Finance Act, 2017.

Cross-references

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

This section refers to

  1. s. 9 Amendment of section 12A
  2. Income-tax Act s. 9 Income deemed to accrue or arise in India

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 9". Amendment of section 9. 4. In section 9 of the Income-tax Act, in sub-section (1), in clause (i), in Explanation 5,— (i) | the following proviso shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 2012, namely.— "Provided that nothing contained in this

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 2017 4, section 4 Finance Act 2017, 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 9 (Amendment of section 12A), Income-tax Act 9 (Income deemed to accrue or arise in India), so none of them can safely be read on its own.

When was Section 4 of the Finance Act enacted?

Section 4 of the Finance Act, cited as Finance Act 2017 4, was enacted on 17 Apr 2017. 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.