Category Archives: other Acts

Section 181 of Finance Act 2018 : Amendment of section 15A

By | April 1, 2018

Section 181 of Finance Act 2018 [Section 181 of Finance Act 2018 deals with Amendment of section 15A and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 15A 181. In the principal Act, in section 15A,— (i) in clause (a), after the words “fails to furnish the same”, the words “or who furnishes or files false, incorrect… Read More »

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 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 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 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 166 of Finance Act 2018 : Amendment of section 6

By | April 1, 2018

Section 166 of Finance Act 2018 [Section 166 of Finance Act 2018 deals with Amendment of section 6 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 6 166. In section 6 of the principal Act,— (a) in sub-section (1),— (i) in clause (ca), the words “the Reserve Bank,” shall be omitted; (ii) in clause (d), for… Read More »

Section 165 of Finance Act 2018 : Amendment of section 5

By | April 1, 2018

Section 165 of Finance Act 2018 [Section 165 of Finance Act 2018 deals with Amendment of section 5 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 5 165. In section 5 of the principal Act, in sub-section (5), the words “, in consultation with the Reserve Bank, or the Reserve Bank,” shall be omitted. Finance Act… Read More »

Section 167 of Finance Act 2018 : Amendment of section 7

By | April 1, 2018

Section 167 of Finance Act 2018 [Section 167 of Finance Act 2018 deals with Amendment of section 7 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 7 167. In section 7 of the principal Act, in sub-sections (1), (3) and (4), the words “, in consultation with the Reserve Bank,” shall be omitted. Finance Act 2018… Read More »

Section 162 of Finance Act 2018 : Commencement of this Part

By | April 1, 2018

Section 162 of Finance Act 2018 [Section 162 of Finance Act 2018 deals with Commencement of this Part and is covered in CHAPTER VIII MISCELLANEOUS] PART IX AMENDMENTS TO THE NATIONAL HOUSING BANK ACT, 1987 Commencement of this Part 162. The provisions of this Part shall come into force on such date as the Central Government may, by… Read More »