Amendment of section 245A
Section 62 of the Finance Act, 2021 deals with amendment of section 245A. Amendment of section 245A. 62. In section 245A of the Income-tax Act, with effect from the 1st day of February, 2021,— (i) | after clause (d), the following clause shall be inserted and shall be deemed to have been inserted, namely:— '(da) "Interim Board" means the Interim Board for Settlement const
Amendment of section 245A.
62. In section 245A of the Income-tax Act, with effect from the 1st day of February, 2021,—
(i) after clause (d), the following clause shall be inserted and shall be deemed to have been inserted, namely:— '(da) "Interim Board" means the Interim Board for Settlement constituted under section 245AA;'; (ii) after the clause (e), the following clauses shall be inserted and shall be deemed to have been inserted, namely:— '(ea) "Member of the Interim Board" means a Member of the Interim Board; (eb) "pending application" means an application which was filed under section 245C and which fulfils the following conditions, namely: — Section 62, The Finance Act, 2021.
(i) it was not declared invalid under sub-section (2C) of section 245D; and (ii) no order under sub-section (4) of section 245D was issued on or before the 31st day of January, 2021 with respect to such application;'.
Cross-references
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Questions about Section 62
What does Section 62 of the Finance Act deal with?
Section 62 of the Finance Act is headed "Amendment of section 245A". Amendment of section 245A. 62. In section 245A of the Income-tax Act, with effect from the 1st day of February, 2021,— (i) | after clause (d), the following clause shall be inserted and shall be deemed to have been inserted, namely:— '(da) "Interim Board" means the Interim Board for Settlement const
How do I find court cases under Section 62 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 62, section 62 Finance Act 2021, section 62 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 62 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 245A (Definitions), 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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