Amendment of section 36
Section 12 of the Finance Act, 2024 (No. 2) deals with amendment of section 36. Amendment of section 36. 12. In section 36 of the Income-tax Act, in sub-section (1), in clause (iva), for the words "ten per cent", the words "fourteen per cent" shall be substituted with effect from the 1st day of April, 2025. The Act was enacted on 16 Aug 2024.
Amendment of section 36.
12. In section 36 of the Income-tax Act, in sub-section (1), in clause (iva), for the words "ten per cent", the words "fourteen per cent" shall be substituted with effect from the 1st day of April, 2025.
Section 12, The Finance Act, 2024 (No. 2).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Questions about Section 12
What does Section 12 of the Finance Act, 2024 (No. 2) deal with?
Section 12 of the Finance Act, 2024 (No. 2) is headed "Amendment of section 36". Amendment of section 36. 12. In section 36 of the Income-tax Act, in sub-section (1), in clause (iva), for the words "ten per cent", the words "fourteen per cent" shall be substituted with effect from the 1st day of April, 2025.
How do I find court cases under Section 12 of the Finance Act, 2024 (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, 2024 (No. 2) 12, section 12 Finance Act, 2024 (No. 2), section 12 of the Finance Act, 2024 (No. 2). 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 12 of the Finance Act, 2024 (No. 2), and has it changed?
Its own text turns on section 36 (Amendment of section 115AD), Income-tax Act 36 (Other deductions), so none of them can safely be read on its own.
When was Section 12 of the Finance Act, 2024 (No. 2) enacted?
Section 12 of the Finance Act, 2024 (No. 2), cited as Finance Act, 2024 (No. 2) 12, was enacted on 16 Aug 2024. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. -10716 words
- 2. Income-tax9063 words
- 49. Substitution of new Chapter for Chapter XIV-B4593 words
- Fourth Schedule. -1864 words
- 138. Insertion of section 74A1329 words
- 89. Definitions889 words
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