Amendment of section 115BBDA
Section 44 of the Finance Act, 2017 deals with amendment of section 115BBDA. Amendment of section 115BBDA. 44. In section 115BBDA of the Income-tax Act [as inserted by section 52 of the Finance Act, 2016 (28 of 2016)], with effect from the 1st day of April, 2018,— (i) | in sub-section (1), for the words "an assessee, being an individual, a Hindu undivided family or a firm", The Act was enacted on 17 Apr 2017.
Amendment of section 115BBDA.
44. In section 115BBDA of the Income-tax Act [as inserted by section 52 of the Finance Act, 2016 (28 of 2016)], with effect from the 1st day of April, 2018,—
(i) in sub-section (1), for the words "an assessee, being an individual, a Hindu undivided family or a firm", the words "a specified assessee" shall be substituted; (ii) for sub-section (3), the following Explanation shall be substituted, namely:— 'Explanation.—For the purposes of this section,—
(a) "dividend" shall have the meaning assigned to it in clause (22) of section 2 but shall not include sub-clause (e) thereof; (b) "specified assessee" means a person other than,— Section 44, The Finance Act, 2017.
(i) a domestic company; or (ii) a fund or institution or trust or any university or other educational institution or any hospital or other medical institution referred to in sub-clause (iv) or sub-clause (v) or sub-clause (vi) or sub-clause (via) of clause (23C) of section 10; or (iii) a trust or institution registered under section 12A or section 12AA.'.
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Referred to by 2
Questions about Section 44
What does Section 44 of the Finance Act deal with?
Section 44 of the Finance Act is headed "Amendment of section 115BBDA". Amendment of section 115BBDA. 44. In section 115BBDA of the Income-tax Act [as inserted by section 52 of the Finance Act, 2016 (28 of 2016)], with effect from the 1st day of April, 2018,— (i) | in sub-section (1), for the words "an assessee, being an individual, a Hindu undivided family or a firm",
How do I find court cases under Section 44 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 44, section 44 Finance Act 2017, section 44 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 44 of the Finance Act, and has it changed?
Its own text turns on Finance Act 52 (Insertion of new section 115BBDA), section 2 (Income-tax), section 10 (Amendment of section 12AA), so none of them can safely be read on its own. 2 other provisions in this corpus refer back to it.
When was Section 44 of the Finance Act enacted?
Section 44 of the Finance Act, cited as Finance Act 2017 44, 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.