Category Archives: News

Section 180 of Finance Act 2018 : Amendment of section 11B

By | April 1, 2018

Section 180 of Finance Act 2018 [Section 180 of Finance Act 2018 deals with Amendment of section 11B and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 11B 180. In section 11B, of the principal Act,— (a) in the marginal heading, after the word ”directions”, the words ”and levy penalty” shall be inserted; (b) section 11B shall… Read More »

Section 178 of Finance Act 2018 : Commencement of this Part

By | April 1, 2018

Section 178 of Finance Act 2018 [Section 178 of Finance Act 2018 deals with Commencement of this Part and is covered in CHAPTER VIII MISCELLANEOUS] PART X AMENDMENTS TO THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992 Commencement of this Part 178. The provisions of this Part shall come into force on such date as the Central… Read More »

Section 177 of Finance Act 2018 : Amendment of section 55

By | April 1, 2018

Section 177 of Finance Act 2018 [Section 177 of Finance Act 2018 deals with Amendment of section 55 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 55 177. In section 55 of the principal Act,— (i) in sub-section (1), the words “the Reserve Bank and in consultation with” shall be omitted; (ii) in sub-section (3), the… Read More »

Section 176 of Finance Act 2018 : Amendment of section 45A

By | April 1, 2018

Section 176 of Finance Act 2018 [Section 176 of Finance Act 2018 deals with Amendment of section 45A and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 45A 176. In section 45A of the principal Act, in sub-section (1), for the words and figures “Companies Act, 1956″(1 of 1956), the words and figures “Companies Act, 2013” (18… Read More »

Section 175 of Finance Act 2018 : Amendment of section 43

By | April 1, 2018

Section 175 of Finance Act 2018 [Section 175 of Finance Act 2018 deals with Amendment of section 43 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 43 175. In section 43 of the principal Act, in sub-section (5), the words, figures and letters “, without prejudice to the provisions of section 54AA of the Reserve Bank… Read More »

Section 174 of Finance Act 2018 : Amendment of section 40

By | April 1, 2018

Section 174 of Finance Act 2018 [Section 174 of Finance Act 2018 deals with Amendment of section 40 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 40 174. In section 40 of the principal Act, in sub-section (1), for the words, brackets and figures “sub-section (1) of section 226 of the Companies Act, 1956″(1 of 1956),… Read More »

Section 173 of Finance Act 2018 : Amendment of section 39

By | April 1, 2018

Section 173 of Finance Act 2018 [Section 173 of Finance Act 2018 deals with Amendment of section 39 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 39 173. In section 39 of the principal Act, in clause (ii), for the words “the Reserve Bank”, the words “the Central Government” shall be substituted. Finance Act 2018 :… Read More »

Section 172 of Finance Act 2018 : Amendment of section 37

By | April 1, 2018

Section 172 of Finance Act 2018 [Section 172 of Finance Act 2018 deals with Amendment of section 37 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 37 172. In section 37 of the principal Act, in sub-sections (1) and (2), for the words “the Reserve Bank” at both the places where they occur, the words “the… Read More »

Section 171 of Finance Act 2018 : Amendment of section 33B

By | April 1, 2018

Section 171 of Finance Act 2018 [Section 171 of Finance Act 2018 deals with Amendment of section 33B and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 33B 171. In section 33B of the principal Act, in sub-sections (1) and (4), for the words and figures “Companies Act, 1956” (1 of 1956), the words and figures “Companies… Read More »

Section 170 of Finance Act 2018 : Amendment of section 33

By | April 1, 2018

Section 170 of Finance Act 2018 [Section 170 of Finance Act 2018 deals with Amendment of section 33 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 33 170. In section 33 of the principal Act, in sub-section (2), for the words, brackets and figures “sub-section (2) of section 227 of the Companies Act, 1956” (1 of… Read More »