Effective dates of various provisions. Of BUDGET -09-10

INCOME TAX

Sl. No.

With effect from

Subject

1.

01.04.2011

Amendment to Section 44AA – Maintenance of Accounts

2.

01.04.2011

Amendment to Section 44AB – Audit of Accounts

3.

01.04.2011

Section 44AD Substituted – Presumptive Income

4.

01.04.2011

Amendment to Section 44AE – Income from goods Transport.

5.

01.10.2009

Amendment to Section 50C – Value of Capital asset transferred

6.

01.10.2009

Amendment to Section 56 – Transactions without consideration of more than Rs. 50,000/-

7.

01.04.2003

Amendment to Section 80A – Deductions

8.

01.10.2009

Amendment to Section 80G – Charitable Institutions

9.

01.04.2008

Amendment to Section 80IA – Power Generation

10.

01.04.2000

Section 80IB – Tax Holiday

11.

01.10.2009

Section 90 Substituted – DTAA –

12.

01.10.2009

Amendment to Section 92C – Transfer Pricing – Arm's Length Price

13.

01.04.1998

Amendment to Section 115JA – Deemed Income

14.

01.04.2001

Amendment to Section 115JB

15.

01.10.2009

Amendment to Section 131 – Discovery, Inspection etc – “Dispute Resolution Panel” included

16.

01.06.1994

Amendment to Section 132 – Search and Seizure – Additional Commissioner Empowered

17.

01.10.2009

Amendment to Section 139A – PAN – “Quarterly” removed

18.

01.04.1989

Amendment to Section 147 – Reassessment – Scope enhanced

19.

01.10.2009

Section 194C Substituted – TDS – Payment to Contractors

20.

01.10.2009

Amendment to Section 194I – TDS – Rent

21.

01.10.2009

Amendment to Section 200 – Quarterly Returns gone – Periodicity to be prescribed

22.

01.10.2009

Amendment to Section 201 – TDS failure

23.

01.10.2009

Amendment to Section 203A – Quarterly Statement is no more quarterly

24.

01.10.2009

Amendment to Section 206A & 206C – Quarterly to unspecified period

25.

01.10.2009

Amendment to Section 246A – Dispute Resolution Panel

26.

01.10.2009

Amendment to Section 253 – Appeal to ITAT – Dispute Resolution Panel

27.

01.06.2007

Amendment to Section 271 – Concealment of Income

28.

01.04.1988

Amendment to Section 271B – Provisional Attachment

29.

01.10.2009

Substitution of Section 282 – Service of Notice – Courier and Email recognized

30.

01.10.2010

New Section 282B – Allotment of Document Identification Number

31.

01.10.2009

New Section 293C – Power to Withdraw approval

Sl. No.

With effect from

Subject

1.

01.07.2003

Amendment to Section 130 – High Court's Power to condone delay

2.

01.07.1999

Amendment to Section 130A - High Court's Power to condone delay

Sl. No.

With effect from

Subject

1.

01.07.2003

Amendment to Section 35G – High Court's Power to condone delay

2.

01.07.1999

Amendment to Section 35H - High Court's Power to condone delay

Sl. No.

With effect from

Subject

1.

A date to be notified

The Intaxication – beer effect – amendment to Section 65(19)

2.

16.05.2008

Acquiring instead of providing- amendment to clause zzzze – Information Technology

3.

A date to be notified

New services

4

01.01.2005

Exemption to services provided to GTAs