Section 127 of Finance Act 2018 Archives - Tax Heal https://www.taxheal.com/tag/section-127-of-finance-act-2018 Complete Guide for Income Tax and GST in India Fri, 20 Apr 2018 13:10:37 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 Section 127 of Finance Act 2018 : Amendment of section 12 https://www.taxheal.com/section-127-of-finance-act-2018.html https://www.taxheal.com/section-127-of-finance-act-2018.html#respond Sun, 01 Apr 2018 13:09:38 +0000 http://taxheal.com/?p=57618 Section 127 of Finance Act 2018 [Section 127 of Finance Act 2018 deals with Amendment of section 12 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 12 127. In section 12 of the principal Act,— (i) for the word “Bank”, the words “Government Savings Bank” shall be substituted; (ii) for the words “any proper person”, the… Read More »

]]> Section 127 of Finance Act 2018

[Section 127 of Finance Act 2018 deals with Amendment of section 12 and is covered in CHAPTER VIII MISCELLANEOUS]

Amendment of section 12

127. In section 12 of the principal Act,—

(i) for the word “Bank”, the words “Government Savings Bank” shall be substituted;
(ii) for the words “any proper person”, the word “guardian” shall be substituted;
(iii) for the words “such person”, the words “such guardian” shall be substituted;
(iv) for the words “nothing in this section authorises payments to any person other than”, the words “payments shall be made to” shall be substituted.

Finance Act 2018 : Assented by President : Download Print Notification

 

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