Finance Act, 2001

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 9
Section 5	:	Amendment of section 10
Section 6	:	Amendment of section 10A
Section 7	:	Amendment of section 10B
Section 8	:	Insertion of new section 10BB
Section 9	:	Amendment of section 11
Section 10	:	Amendment of section 12A
Section 11	:	Insertion of new section 14A
Section 12	:	Amendment of section 16
Section 13	:	Amendment of section 17
Section 14	:	Substitution of new section for section 23
Section 15	:	Substitution of new section for section 24
Section 16	:	Amendment of section 25
Section 17	:	Amendment of section 25A
Section 18	:	Insertion of new section 25AA
Section 19	:	Amendment of section 25B
Section 20	:	Amendment of section 27
Section 21	:	Amendment of section 32
Section 22	:	Amendment of section 33AB
Section 23	:	Amendment of section 35
Section 24	:	Insertion of new section 35DDA
Section 25	:	Amendment of section 36
Section 26	:	Amendment of section 43
Section 27	:	Amendment of section 43B
Section 28	:	Amendment of section 44AB
Section 29	:	Amendment of section 47
Section 30	:	Amendment of section 49
Section 31	:	Amendment of section 54EC
Section 32	:	Insertion of new section 54ED
Section 33	:	Amendment of section 54H
Section 34	:	Amendment of section 55
Section 35	:	Amendment of section 72A
Section 36	:	Amendment of section 80CCC
Section 37	:	Amendment of section 80D
Section 38	:	Amendment of section 80DD
Section 39	:	Amendment of section 80G
Section 40	:	Amendment of section 80GG
Section 41	:	Amendment of section 80HHC
Section 42	:	Amendment of section 80HHE
Section 43	:	Amendment of section 80HHF
Section 44	:	Amendment of section 80-IA
Section 45	:	Amendment of section 80-IB
Section 46	:	Amendment of section 80L
Section 47	:	Amendment of section 88
Section 48	:	Amendment of section 90
Section 49	:	Substitution of new sections for section 92
Section 50	:	Amendment of section 94
Section 51	:	Amendment of section 115AB
Section 52	:	Substitution of new section for section 115AC
Section 53	:	Amendment of section 115ACA
Section 54	:	Amendment of section 115BB
Section 55	:	Amendment of section 115-O
Section 56	:	Amendment of section 115P
Section 57	:	Amendment of section 115R
Section 58	:	Amendment of section 115S
Section 59	:	Amendment of section 139
Section 60	:	Amendment of section 139A
Section 61	:	Amendment of section 140A
Section 62	:	Amendment of section 143
Section 63	:	Amendment of section 149
Section 64	:	Amendment of section 153
Section 65	:	Amendment of section 154
Section 66	:	Amendment of section 158B
Section 67	:	Amendment of section 158BFA
Section 68	:	Amendment of section 192
Section 69	:	Amendment of section 194A
Section 70	:	Amendment of section 194B
Section 71	:	Insertion of new section 194H
Section 72	:	Amendment of section 196C
Section 73	:	Amendment of section 197
Section 74	:	Amendment of section 201
Section 75	:	Amendment of section 206C
Section 76	:	Amendment of section 220
Section 77	:	Omission of section 230A
Section 78	:	Amendment of section 234A
Section 79	:	Amendment of section 234B
Section 80	:	Amendment of section 234C
Section 81	:	Omission of section 241
Section 82	:	Amendment of section 244A
Section 83	:	Amendment of section 251
Section 84	:	Amendment of section 254
Section 85	:	Amendment of section 264
Section 86	:	Amendment of section 271
Section 87	:	Amendment of section 271A
Section 88	:	Insertion of new section 271AA
Section 89	:	Insertion of new section 271BA
Section 90	:	Amendment of section 271F
Section 91	:	Insertion of new section 271G
Section 92	:	Amendment of section 272A
Section 93	:	Amendment of section 272BB
Section 94	:	Amendment of section 273B
Section 95	:	Amendment of Second Schedule
WEALTH-TAX
Section 96	:	Amendment of section 17
Section 97	:	Amendment of section 17A
Section 98	:	Amendment of section 17B
Section 99	:	Amendment of section 31
Section 100	:	Amendment of section 34A
EXPENDITURE-TAX
Section 101	:	Amendment of section 14 of Act 35 of 1987
Chapter: IV
INDIRECT TAXES CUSTOMS
Section 102	:	Amendment of section 27A
Section 103	:	Amendment of section 28
Section 104	:	Amendment of section 28AA
Section 105	:	Amendment of section 28AB
Section 106	:	Amendment of section 61
Section 107	:	Amendment of section 112
Section 108	:	Amendment of section 114
Section 109	:	Amendment of section 128
Section 110	:	Amendment of section 128A
Section 111	:	Amendment of section 129D
Section 112	:	Amendment of section 129E
Section 113	:	Insertion of new section 159A
Section 114	:	Validation of certain action taken
Section 115	:	Amendment of notifications issued under section 25 of the Customs Act
CUSTOMS TARIFF
Section 116	:	Amendment of section 3
Section 117	:	Amendment of section 8B
Section 118	:	Amendment of section 9A
Section 119	:	Amendment of First Schedule
EXCISE
Section 120	:	Amendment of section 3
Section 121	:	Omission of section 3A
Section 122	:	Amendment of section 5A
Section 123	:	Amendment of section 11A
Section 124	:	Amendment of section 11AA
Section 125	:	Amendment of section 11AB
Section 126	:	Amendment of section 11BB
Section 127	:	Amendment of section 35
Section 128	:	Amendment of section 35A
Section 129	:	Amendment of section 35E
Section 130	:	Amendment of section 35F
Section 131	:	Insertion of new section 38A
Section 132	:	Validation of certain action taken
Section 133	:	Validation of certain exemption given to polytan in powder or granule form
CENTRAL EXCISE TARIFF
Section 134	:	Amendment of Act 5 of 1986
Section 135	:	Amendment of Act 58 of 1957
Section 136	:	National Calamity Contingent duty
Chapter: V
SERVICE TAX
Section 137	:	Amendment of Act 32 of 1994
Chapter: VI
MISCELLANEOUS
Section 138	:	Amendment of Act 6 of 1898
Section 139	:	Amendment of section 14 of Act 74 of 1956
Section 140	:	Omission of section 55 of Act 61 of 198
Section 141	:	Omission of section 48 of Act 53 of 1987
Section 142	:	Omission of section 50 of Act 39 of 1989
SCHEDULE
SCH-01	:	First Schedule
SCH-02	:	Second Schedule