Insertion of new sections 50 and 51
Section 146 of the Finance Act, 2021 deals with insertion of new sections 50 and 51. Insertion of new sections 50 and 51. 146.
Insertion of new sections 50 and 51.
146. After section 49 of the principal Act, the following sections shall be inserted, namely:—
"50. Form, manner, etc., for companies to apply with modifications.—Where this Act provides that the form or manner or period or details in respect of any declaration to be made or the particulars to be included in any register to be maintained shall be such as may be prescribed for a company under the Companies Act, such prescribed form or manner or period or details or particulars, as the case may be, shall apply subject to such modifications, exceptions and conditions that the Central Government may, by notification, specify.
51. Power to remove difficulties.—(1) If any difficulty arises in giving effect to the provisions of this Act as amended by Part III of Chapter VI of the Finance Act, 2021, the Central Government may, by order published in the Official Gazette, make such provisions, not inconsistent with the provisions of this Act, as appear to it to be necessary or expedient for removing the difficulty:
Provided that no such order shall be made after the expiry of a period of three years from the date of commencement of Part III of Chapter VI of the Finance Act, 2021.
(2) Every order made under this section shall, as soon as may be after it is made, be laid on the table of each House of Parliament.".
Section 146, The Finance Act, 2021.
Cross-references
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Questions about Section 146
What does Section 146 of the Finance Act deal with?
Section 146 of the Finance Act is headed "Insertion of new sections 50 and 51". Insertion of new sections 50 and 51. 146.
How do I find court cases under Section 146 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 2021 146, section 146 Finance Act 2021, section 146 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 146 of the Finance Act, and has it changed?
Its own text turns on section 50 (Amendment of section 194), section 51 (Amendment of section 194A), so none of them can safely be read on its own.
When was the Finance Act enacted?
Finance Act was enacted in 2021. 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
- Fourth Schedule. Fourth Schedule26628 words
- First Schedule. First Schedule9574 words
- 2. Income-tax5993 words
- 6. Amendment of section 103582 words
- 130. Substitution of new section for section 43513 words
- 131. Substitution of new section for section 52699 words
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