Amendment of section 48
Section 20 of the Finance Act, 2024 (No. 2) deals with amendment of section 48. Amendment of section 48. 20. In section 48 of the Income-tax Act, in the second proviso, after the words "where long-term capital gain arises from the transfer", the brackets, words, figures and letters "(which takes place before the 23rd day of July, 2024)" shall be inserted and shall be deemed to The Act was enacted on 16 Aug 2024.
Amendment of section 48.
20. In section 48 of the Income-tax Act, in the second proviso, after the words "where long-term capital gain arises from the transfer", the brackets, words, figures and letters "(which takes place before the 23rd day of July, 2024)" shall be inserted and shall be deemed to have been inserted with effect from the 23rd day of July, 2024.
Section 20, The Finance Act, 2024 (No. 2).
Cross-references
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Questions about Section 20
What does Section 20 of the Finance Act, 2024 (No. 2) deal with?
Section 20 of the Finance Act, 2024 (No. 2) is headed "Amendment of section 48". Amendment of section 48. 20. In section 48 of the Income-tax Act, in the second proviso, after the words "where long-term capital gain arises from the transfer", the brackets, words, figures and letters "(which takes place before the 23rd day of July, 2024)" shall be inserted and shall be deemed to
How do I find court cases under Section 20 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) 20, section 20 Finance Act, 2024 (No. 2), section 20 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 20 of the Finance Act, 2024 (No. 2), and has it changed?
Its own text turns on section 48 (Amendment of section 153), Income-tax Act 48 (Mode of computation), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.
When was Section 20 of the Finance Act, 2024 (No. 2) enacted?
Section 20 of the Finance Act, 2024 (No. 2), cited as Finance Act, 2024 (No. 2) 20, 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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