Amendment of section 58B
Section 142 of the Finance Act, 2019 (No. 2) deals with amendment of section 58B. Amendment of section 58B 142. In section 58B of the principal Act,-- (i) | in sub-section (2), for the words "two thousand rupees" and "one hundred rupees", the words "one lakh rupees" and "five thousand rupees" shall respectively be substituted;
Amendment of section 58B
142. In section 58B of the principal Act,--
(i) in sub-section (2), for the words "two thousand rupees" and "one hundred rupees", the words "one lakh rupees" and "five thousand rupees" shall respectively be substituted; (ii) in sub-section (4A), for the words "five lakh rupees", the words "twenty-five lakh rupees" shall be substituted; (iii) in sub-section (4AA), for the words "five thousand rupees", the words "ten lakh rupees" shall be substituted; (iv) in sub-section (4AAA), for the words "rupees fifty", the words "five thousand rupees" shall be substituted; (v) in sub-section (5),--
(A) in clause (a), for the words "any deposit", the words "any deposit without being authorised so to do or" shall be substituted; (B) in clause (b), for the word, figures and letters "section 45NA", the word, figures and letter "section 45J" shall be substituted; Section 142, The Finance Act, 2019 (No. 2).
(vi) in sub-section (6), for the words "two thousand rupees" and "one hundred rupees", the words "one lakh rupees" and "ten thousand rupees" shall respectively be substituted.
Questions about Section 142
What does Section 142 of the Finance Act, 2019 (No. 2) deal with?
Section 142 of the Finance Act, 2019 (No. 2) is headed "Amendment of section 58B". Amendment of section 58B 142. In section 58B of the principal Act,-- (i) | in sub-section (2), for the words "two thousand rupees" and "one hundred rupees", the words "one lakh rupees" and "five thousand rupees" shall respectively be substituted;
How do I find court cases under Section 142 of the Finance Act, 2019 (No. 2)?
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, 2019 (No. 2) 142, section 142 Finance Act, 2019 (No. 2), section 142 of the Finance Act, 2019 (No. 2). Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When was the Finance Act, 2019 (No. 2) enacted?
Finance Act, 2019 (No. 2) was enacted in 2019. India Code records no commencement date for it. It is in force as at the date shown on this page.
Other sections of this Act
- Fifth Schedule. -12409 words
- First Schedule. Income-tax9078 words
- 2. Income-tax4914 words
- 105. Insertion of new sections 101A, 101B and 101C1547 words
- 138. Insertion of new sections 45-ID and 45- IE1010 words
- 6. Amendment of section 10907 words
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