Section – 24 of Finance Act 2019: Deductions from income from house property

Deductions from income from house property. 24. Income chargeable under the hea  "Income from house property" shall be computed after making the following deductions, namely:— (a)...

Eleventh Schedule of Finance Act 2019 : List Of Articles Or Things

THE ELEVENTH SCHEDULE See section 32A, section 32AB, section 80CC(3)(a)(i), section 80-I(2), section 80J(4) and section 88A (3)(a)(i) LIST OF ARTICLES OR THINGS 1. Beer, wine and other alcoholic...

Section – 278AA of Finance Act 2019 : Punishment not to be imposed in...

278AA. Notwithstanding anything contained in the provisions of section 276A, section 276AB, or section 276B, no person shall be punishable for any failure referred...

Section – 271AAA of Finance Act 2019 : Penalty where search has been initiated

271AAA. (1) The Assessing Officer may, notwithstanding anything contained in any other provisions of this Act, direct that, in a case where search has been...

Section – 263 of Finance Act 2019 : Revision of orders prejudicial to revenue

263. (1) The Principal Commissioner or Commissioner may call for and examine the record of any proceeding under this Act, and if he considers that...

Eighth Schedule of Finance Act 2019 : List Of Industrially Backward States And Union...

THE EIGHTH SCHEDULE LIST OF INDUSTRIALLY BACKWARD STATES AND UNION TERRITORIES (1) Arunachal Pradesh (2) Assam (3) Goa (4) Himachal Pradesh (5) Jammu and Kashmir (6) Manipur (7) Meghalaya (8) Mizoram (9) Nagaland (10) Sikkim (11)...

Seventh Schedule of Finance Act 2019 : Minerals

THE SEVENTH SCHEDULE PART A MINERALS 1. Aluminium ores. 2. Apatite and phosphatic ores. 3. Beryl. 4. Chrome ore. 5. Coal and lignite. 6. Columbite, Samarskite and other minerals of the “rare...

Second Schedule of Finance Act 2019 : Procedure For Recovery Of Tax

THE SECOND SCHEDULE PROCEDURE FOR RECOVERY OF TAX See sections 222 and 276 PART I GENERAL PROVISIONS Definitions. 1. In this Schedule, unless the context otherwise requires,— (a) "certificate", except in...

Section – 115VN of Finance Act 2019 : Chargeable gains from transfer of tonnage...

Chargeable gains from transfer of tonnage tax assets. 115VN. Any profits or gains arising from the transfer of a capital asset being an asset forming part...

Section – 80RRB of Finance Act 2019 : Deduction in respect of royalty on...

Deduction in respect of royalty on patents. 80RRB. (1) Where in the case of an assessee, being an individual, who is— (a) resident in India; (b) a...
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