Finance Act, 2003

Chapter: I
PRELIMINARY
Section 1	:	Short title and commencement
Chapter: II
RATES OF INCOME-TAX
Section 2	:	Income-tax
Chapter: III
DIRECT TAXES
Section 3	:	Amendment of section 2
Section 4	:	Amendment of section 6
Section 5	:	Amendment of section 9
Section 6	:	Amendment of section 10
Section 7	:	Amendment of section 10A
Section 8	:	Amendment of section 10B
Section 9	:	Amendment of section 10C
Section 10	:	Amendment of section 11
Section 11	:	Amendment of section 12
Section 12	:	Amendment of section 13A
Section 13	:	Amendment of section 16
Section 14	:	Amendment of section 30
Section 15	:	Amendment of section 31
Section 16	:	Amendment of section 33AB
Section 17	:	Amendment of section 33AC
Section 18	:	Amendment of section 36
Section 19	:	Amendment of section 40
Section 20	:	Amendment of section 43
Section 21	:	Amendment of section 43B
Section 22	:	Amendment of section 44AA
Section 23	:	Amendment of section 44AB
Section 24	:	Amendment of section 44AE
Section 25	:	Amendment of section 44BB
Section 26	:	Amendment of section 44BBB
Section 27	:	Amendment of section 44D
Section 28	:	Insertion of new section 44DA
Section 29	:	Amendment of section 45
Section 30	:	Amendment of section 47
Section 31	:	Amendment of section 55
Section 32	:	Amendment of section 57
Section 33	:	Amendment of section 72A
Section 34	:	Substitution of new section for section 80DD
Section 35	:	Substitution of new section for section 80DDB
Section 36	:	Amendment of section 80G
Section 37	:	Amendment of section 80HHC
Section 38	:	Amendment of section 80-IA
Section 39	:	Amendment of section 80-IB
Section 40	:	Insertion of new section 80-IC
Section 41	:	Amendment of section 80L
Section 42	:	Insertion of new section 80LA
Section 43	:	Omission of section 80M
Section 44	:	Insertion of new section 80QQB
Section 45	:	Insertion of new section 80RRB
Section 46	:	Substitution of new section for section 80U
Section 47	:	Amendment of section 88
Section 48	:	Amendment of section 88B
Section 49	:	Amendment of section 90
Section 50	:	Amendment of section 115A
Section 51	:	Amendment of section 115AC
Section 52	:	Amendment of section 115ACA
Section 53	:	Amendment of section 115AD
Section 54	:	Amendment of section 115C
Section 55	:	Amendment of section 115-O
Section 56	:	Amendment of section 115R
Section 57	:	Amendment of section 115S
Section 58	:	Amendment of section 115T
Section 59	:	Amendment of section 132
Section 60	:	Amendment of section 132B
Section 61	:	Amendment of section 133A
Section 62	:	Amendment of section 139
Section 63	:	Amendment of section 140A
Section 64	:	Amendment of section 143
Section 65	:	Insertion of new sections 153A, 153B and 153C
Section 66	:	Amendment of section 155
Section 67	:	Insertion of new section 158BI
Section 68	:	Amendment of section 163
Section 69	:	Amendment of section 184
Section 70	:	Substitution of new section for section 185
Section 71	:	Amendment of section 191
Section 72	:	Amendment of section 193
Section 73	:	Amendment of section 194
Section 74	:	Amendment of section 194A
Section 75	:	Amendment of section 194C
Section 76	:	Amendment of section 194G
Section 77	:	Amendment of section 194-I
Section 78	:	Amendment of section 194J
Section 79	:	Amendment of section 194K
Section 80	:	Amendment of section 195
Section 81	:	Amendment of section 196A
Section 82	:	Amendment of section 196C
Section 83	:	Amendment of section 196D
Section 84	:	Amendment of section 197
Section 85	:	Amendment of section 197A
Section 86	:	Amendment of section 206
Section 87	:	Amendment of section 206C
Section 88	:	Amendment of section 230
Section 89	:	Amendment of section 234A
Section 90	:	Amendment of section 234B
Section 91	:	Insertion of new section 234D
Section 92	:	Amendment of section 245N
Section 93	:	Amendment of section 246A
Section 94	:	Amendment of section 269T
Section 95	:	Amendment of section 271E
Section 96	:	Amendment of section 275
Section 97	:	Amendment of section 276CC
Section 98	:	Insertion of new section 285BA
Section 99	:	Insertion of Thirteenth and Fourteenth Schedules
Section 100	:	Amendment of section 17 of Act 27 of 1957
Section 101	:	Amendment of section 16 of Act 18 of 1958
Section 102	:	Amendment of section 3
Section 103	:	Amendment of section 4
Chapter: IV
INDIRECT TAX
Section 104	:	Amendment of section 2
Section 105	:	Amendment of section 7
Section 106	:	Amendment of section 15
Section 107	:	Amendment of section 25
Section 108	:	Amendment of section 27
Section 109	:	Amendment of section 28
Section 110	:	Amendment of section 28E
Section 111	:	Amendment of section 28H
Section 112	:	Amendment of section 30
Section 113	:	Amendment of section 61
Section 114	:	Amendment of section 68
Section 115	:	Amendment of section 75A
Section 116	:	Amendment of section 113
Section 117	:	Amendment of section 114
Section 118	:	Amendment of section 122
Section 119	:	Amendment of section 129
Section 120	:	Substitution of new section for section 130
Section 121	:	Amendment of section 130A
Section 122	:	Amendment of section 130D
Section 123	:	Amendment of section 130E
Section 124	:	Amendment of section 135
Section 125	:	Amendment of section 136
Section 126	:	Amendment of notifications issued under section 25 of the Customs Act
Section 127	:	Amendment of notifications, relating to export promotion schemes issued under section 25 of the Customs Act
Section 128	:	Additional duty of customs (tea and tea waste)
Section 129	:	Amendment of section 3
Section 130	:	Amendment of section 3A
Section 131	:	Amendment of section 9A
Section 132	:	Amendment of section 9C
Section 133	:	Amendment of First Schedule
Section 134	:	National Calamity Contingent Duty of Customs
Section 135	:	Amendment of section 2
Section 136	:	Amendment of section 4
Section 137	:	Amendment of section 4A
Section 138	:	Amendment of section 5A
Section 139	:	Amendment of section 11A
Section 140	:	Insertion of new section 11DD
Section 141	:	Substitution of new section for section 13
Section 142	:	Amendment of section 23A
Section 143	:	Amendment of section 23C
Section 144	:	Substitution of new section for section 35G
Section 145	:	Amendment of section 35H
Section 146	:	Amendment of section 35K
Section 147	:	Amendment of section 35L
Section 148	:	Insertion of new Schedule in the Central Excise Act
Section 149	:	Amendment of rule 57R of the Central Excise Rules, 1944
Section 150	:	Amendment of rules 57F and 57AB of the Central Excise Rules, 1944
Section 151	:	Amendment of rule 3 of the CENVAT Credit Rules, 2001
Section 152	:	Amendment of rule 3 of the CENVAT Credit Rules, 2002
Section 153	:	Amendment of notifications issued under Section 5A of the Central Excise Act for certain period
Section 154	:	Amendment of notifications issued under section 5A of the Central Excise Act
Section 155	:	Amendment of First and Second Schedules to Act 5 of 1986
Section 156	:	Amendment of Second Schedule to Act 58 of 1957
Section 157	:	Omitted
Chapter: V
SERVICE TAX
Section 158	:	Modification of Act 32 of 1994
Section 159	:	Amendment of Act 32 of 1994
Section 160	:	Amendment of notification issued under section 93 of Act 32 of 1994
Chapter: VI
CENTRAL SALES TAX
Section 161	:	Amendment of section 6
Section 162	:	Amendment of section 8
Section 163	:	Amendment of section 20
Section 164	:	Amendment of section 21
Section 165	:	Amendment of section 23
Chapter: VII
MISCELLANEOUS
Section 166	:	Insertion of new sections 46B and 46C in Act 13 of 1989
Section 167	:	Amendment of Second Schedule to Act 21 of 1998
Section 168	:	Amendment of Second Schedule to Act 27 of 1999
Section 169	:	Amendment of Seventh Schedule to Act 14 of 2001
SCHEDULE
SCH 01	:	SCHEDULE
SCH 02	:	SECOND SCHEDULE
SCH 03	:	THIRD SCHEDULE
SCH 04	:	Omitted
SCH 05	:	FIFTH SCHEDULE
SCH 06	:	SIXTH SCHEDULE
SCH 07	:	SEVENTH SCHEDULE
SCH 08	:	EIGHTH SCHEDULE
SCH 09	:	NINTH SCHEDULE
SCH 10	:	TENTH SCHEDULE
SCH 11	:	ELEVENTH SCHEDULE
SCH 12	:	TWELFTH SCHEDULE
SCH 13	:	THIRTEENTH SCHEDULE
Memorandum to Finance Bill, 2003
Memo	:	Memorandums