Finance Act, 2020

Chapter: I
PRELIMINARY
Section 1	:	Short title and commencement.
Chapter: II
RATES OF INCOME-TAX
Section 2	:	Income-tax.
Chapter: III
DIRECT TAXES - Income-tax
Section 3	:	Amendment of section 2.
Section 4	:	Amendment of section 6.
Section 5	:	Amendment of section 9.
Section 6	:	Amendment of section 9A.
Section 7	:	Amendment of section 10.
Section 8	:	Amendment of section 10A.
Section 9	:	Amendment of section 11.
Section 10	:	Amendment of section 12A.
Section 11	:	Amendment of section 12AA.
Section 12	:	Insertion of new section 12AB.
Section 13	:	Amendment of section 17.
Section 14	:	Amendment of section 32AB.
Section 15	:	Amendment of section 33AB.
Section 16	:	Amendment of section 33ABA.
Section 17	:	Amendment of section 35.
Section 18	:	Amendment of section 35AD.
Section 19	:	Amendment of section 35D.
Section 20	:	Amendment of section 35E.
Section 21	:	Amendment of section 43.
Section 22	:	Amendment of section 43CA.
Section 23	:	Amendment of section 44AB.
Section 24	:	Amendment of section 44DA.
Section 25	:	Amendment of section 49.
Section 26	:	Amendment of section 50B.
Section 27	:	Amendment of section 50C.
Section 28	:	Amendment of section 55.
Section 29	:	Amendment of section 56.
Section 30	:	Amendment of section 57.
Section 31	:	Substitution of new section for section 72AA.
Section 32	:	Amendment of section 80EEA.
Section 33	:	Amendment of section 80G.
Section 34	:	Amendment of section 80GGA.
Section 35	:	Amendment of section 80-IA.
Section 36	:	Amendment of section 80-IAC.
Section 37	:	Amendment of section 80-IB.
Section 38	:	Amendment of section 80-IBA.
Section 39	:	Amendment of section 80JJAA.
Section 40	:	Insertion of new section 80M.
Section 41	:	Amendment of section 90.
Section 42	:	Amendment of section 90A.
Section 43	:	Amendment of section 92CB.
Section 44	:	Amendment of section 92CC.
Section 45	:	Amendment of section 92F.
Section 46	:	Amendment of section 94B.
Section 47	:	Amendment of section 115A.
Section 48	:	Amendment of section 115AC.
Section 49	:	Amendment of section 115ACA.
Section 50	:	Amendment of section 115AD.
Section 51	:	Amendment of section 115BAA.
Section 52	:	Amendment of section 115BAB.
Section 53	:	Insertion of new sections 115BAC and 115BAD.
Section 54	:	Amendment of section 115BBDA.
Section 55	:	Amendment of section 115C.
Section 56	:	Amendment of section 115JB.
Section 57	:	Amendment of section 115JC.
Section 58	:	Amendment of section 115JD.
Section 59	:	Amendment of section 115-O.
Section 60	:	Amendment of section 115R.
Section 61	:	Amendment of section 115TD.
Section 62	:	Amendment of section 115UA.
Section 63	:	Amendment of section 115VW.
Section 64	:	Insertion of new section 119A.
Section 65	:	Amendment of section 133A.
Section 67	:	Amendment of section 140.
Section 68	:	Amendment of section 139.
Section 68	:	Amendment of section 140A.
Section 69	:	Amendment of section 143.
Section 70	:	Amendment of section 144C.
Section 71	:	Amendment of section 156.
Section 72	:	Amendment of section 191.
Section 73	:	Amendment of section 192.
Section 74	:	Amendment of section 194.
Section 75	:	Amendment of section 194A.
Section 76	:	Amendment of section 194C.
Section 77	:	Amendment of section 194H.
Section 78	:	Amendment of section 194-I.
Section 79	:	Amendment of section 194J.
Section 80	:	Insertion of new section 194K.
Section 81	:	Amendment of section 194LBA.
Section 82	:	Amendment of section 194LC.
Section 83	:	Amendment of section 194LD.
Section 84	:	Substitution of new section for section 194N.
Section 85	:	Insertion of new section 194-O.
Section 86	:	Amendment of section 195.
Section 87	:	Amendment of section 196A.
Section 88	:	Amendment of section 196C.
Section 89	:	Amendment of section 196D.
Section 90	:	Amendment of section 197.
Section 91	:	Amendment of section 197A.
Section 92	:	Omission of section 203AA.
Section 93	:	Amendment of section 204.
Section 94	:	Amendment of section 206AA.
Section 95	:	Amendment of section 206C.
Section 96	:	Insertion of new section 234G.
Section 97	:	Amendment of section 250.
Section 98	:	Amendment of section 253.
Section 99	:	Amendment of section 254.
Section 100	:	Insertion of new section 271AAD.
Section 101	:	Insertion of new section 271K.
Section 102	:	Amendment of section 274.
Section 103	:	Insertion of new section 285BB.
Section 104	:	Amendment of section 288.
Section 105	:	Amendment of section 295.
Section 106	:	Amendment of First Schedule.
Chapter: IV
INDIRECT TAXES
Customs
Section 107	:	Amendment of section 11.
Section 108	:	Amendment of section 28.
Section 109	:	Amendment of section 28AAA.
Section 110	:	Insertion of new Chapter VAA.
Section 111	:	Amendment of heading of Chapter VIIA.
Section 112	:	Insertion of new section 51B.
Section 113	:	Amendment of section 111.
Section 114	:	Amendment of section 156.
Section 115	:	Amendment of section 157.
Customs Tariff
Section 116	:	Substitution of new section for section 8B.
Section 117	:	Amendment of First Schedule.
Central Goods and Services Tax
Section 118	:	Amendment of section 2.
Section 119	:	Amendment of section 10.
Section 120	:	Amendment of section 16.
Section 121	:	Amendment of section 29.
Section 122	:	Amendment of section 30.
Section 123	:	Amendment of section 31.
Section 124	:	Amendment of section 51.
Section 125	:	Amendment of section 109.
Section 126	:	Amendment of section 122.
Section 127	:	Amendment of section 132.
Section 128	:	Amendment of section 140.
Section 129	:	Amendment of section 168.
Section 130	:	Amendment of section 172.
Section 131	:	Amendment to Schedule II.
Section 132	:	Restrospective exemption from, or levy or collection of, central tax in certain cases.
Section 133	:	Retrospective effect to notification issued under clause (ii) of proviso to sub-section (3) of section 54 of Central Goods and Services Tax Act.
Integrated Goods and Services Tax
Section 134	:	Amendment of section 25.
Section 135	:	Retrospective exemption from, or levy or collection of, integrated tax in certain cases.
Union Territory Goods and Services Tax
Section 136	:	Amendment of section 1.
Section 137	:	Amendment of section 2.
Section 138	:	Amendment of section 26.
Section 139	:	Retrospective exemption from, or levy or collection of, Union territory tax in certain cases.
Goods and Services Tax (Compensation to States)
Section 140	:	Amendment of section 14.
Chapter: V
HEALTH CESS
Section 141	:	Health Cess on imported medical devices.
Chapter: VI
MISCELLANEOUS
Part: I
AMENDMENTS TO THE INDIAN STAMP ACT, 1899
Section 142	:	Commencement of this Part.
Section 143	:	Amendment of section 9A.
Section 144	:	Insertion of new section 73B.
Part: II
AMENDMENT TO THE PROHIBITION OF BENAMI PROPERTY TRANSACTIONS ACT, 1988
Section 145	:	Amendment of Act 45 of 1988.
Part: III
AMENDMENT TO THE FINANCE ACT, 2001
Section 146	:	Substitution of new Schedule for Seventh Schedule to Act 14 of 2001.
Part: IV
AMENDMENT TO THE FINANCE ACT, 2002
Section 147	:	Amendment of Eighth Schedule to Act 20 of 2002.
Part: V
AMENDMENTS TO THE FINANCE ACT, 2013
Section 148	:	Amendment of section 116.
Section 149	:	Amendment of section 117.
Section 150	:	Amendment of section 118.
Section 151	:	Amendment of sections 119, 120 and 132A.
Part: VI
AMENDMENTS TO THE FINANCE ACT, 2016
Section 152	:	Commencement of this Part.
Section 153	:	Amendment of Act 28 of 2016.
Part: VII
AMENDMENT TO THE FINANCE ACT, 2018
Section 154	:	Amendment of Sixth Schedule to Act 13 of 2018.
SCHEDULES
SCHEDULE-01	:	THE FIRST SCHEDULE (See section 2)
SCHEDULE-02	:	THE SECOND SCHEDULE [See section 117 (a)]
SCHEDULE-03	:	THE THIRD SCHEDULE [See section 117(b)]
SCHEDULE-04	:	THE FOURTH SCHEDULE [See section 141]
SCHEDULE-05	:	THE FIFTH SCHEDULE [See section 146]