Amendment of section 245F
Section 70 of the Finance Act, 2021 deals with amendment of section 245F. Amendment of section 245F. 70. In section 245F of the Income-tax Act, after sub-section (7), the following sub-section shall be inserted and shall be deemed to have been inserted with effect from the 1st day of February, 2021, namely:— "(8) On and from the 1st day of February, 2021, the powers and f
Amendment of section 245F.
70. In section 245F of the Income-tax Act, after sub-section (7), the following sub-section shall be inserted and shall be deemed to have been inserted with effect from the 1st day of February, 2021, namely:—
"(8) On and from the 1st day of February, 2021, the powers and functions of the Settlement Commission under this section shall be exercised or performed, by the Interim Board and all the provisions of this section shall mutatis mutandis apply to the Interim Board as they apply to the Settlement Commission.".
Section 70, The Finance Act, 2021.
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Questions about Section 70
What does Section 70 of the Finance Act deal with?
Section 70 of the Finance Act is headed "Amendment of section 245F". Amendment of section 245F. 70. In section 245F of the Income-tax Act, after sub-section (7), the following sub-section shall be inserted and shall be deemed to have been inserted with effect from the 1st day of February, 2021, namely:— "(8) On and from the 1st day of February, 2021, the powers and f
How do I find court cases under Section 70 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 70, section 70 Finance Act 2021, section 70 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 70 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 245F (Powers and procedure of Settlement Commission), 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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