Finance Act, 2005

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
Section 4	:	Amendment of section 1
Section 5	:	Amendment of section 10A
Section 6	:	Amendment of section 16
Section 7	:	Amendment of section 17
Section 8	:	Amendment of section 32
Section 9	:	Amendment of section 33AC
Section 10	:	Amendment of section 35
Section 11	:	Amendment of section 35DDA
Section 12	:	Amendment of section 36
Section 13	:	Amendment of section 40
Section 14	:	Amendment of section 43
Section 15	:	Amendment of section 47
Section 16	:	Amendment of section 49
Section 17	:	Amendment of section 54EC
Section 18	:	Amendment of section 54ED
Section 19	:	Insertion of new section 72AA
Section 20	:	Amendment of section 73
Section 21	:	Insertion of new section 80C
Section 22	:	Amendment of section 80CCC
Section 23	:	Amendment of section 80CCD
Section 24	:	Insertion of new section 80CCE
Section 25	:	Substitution of new section for section 80E
Section 26	:	Amendment of section 80-IA
Section 27	:	Amendment of section 80-IB
Section 28	:	Omission of section 80L
Section 29	:	Amendment of section 88
Section 30	:	Omission of section 88B
Section 31	:	Omission of section 88C
Section 32	:	Omission of section 88D
Section 33	:	Amendment of section 112
Section 34	:	Amendment of section 115A
Section 35	:	Amendment of section 115JAA
Section 36	:	Amendment of section 115VD
Section 37	:	Insertion of new Chapter XII-H
Section 38	:	Amendment of section 119
Section 39	:	Amendment of section 124
Section 40	:	Amendment of section 139
Section 41	:	Amendment of section 139A
Section 42	:	Amendment of section 140
Section 43	:	Amendment of section 140A
Section 44	:	Amendment of section 142
Section 45	:	Amendment of section 153
Section 46	:	Amendment of section 153B
Section 47	:	Amendment of section 153C
Section 48	:	Amendment of section 194A
Section 49	:	Amendment of section 194C
Section 50	:	Amendment of section 199
Section 51	:	Amendment of section 203
Section 52	:	Insertion of new section 206A
Section 53	:	Amendment of section 206C
Section 54	:	Amendment of section 238
Section 55	:	Amendment of section 239
Section 56	:	Amendment of section 244A
Section 57	:	Amendment of section 246A
Section 58	:	Amendment of section 271
Section 59	:	Insertion of new section 271FB
Section 60	:	Amendment of section 272A
Section 61	:	Amendment of section 273B
Section 62	:	Amendment of section 276CC
Section 63	:	Amendment of section 278
Section 64	:	Amendment of section 295
Chapter: IV
INDIRECT TAXES
Section 65	:	Amendment of section 28E
Section 66	:	Amendment of section 28F
Section 67	:	Amendment of section 28H
Section 68	:	Amendment of section 127MA
Section 69	:	Amendment of section 128A
Section 70	:	Amendment of section 129A
Section 71	:	Amendment of section 129D
Section 72	:	Substitution of new section for section 3
Section 73	:	Omission of section 3A
Section 74	:	Amendment of First Schedule
Section 75	:	Amendment of section 5A
Section 76	:	Amendment of section 23A
Section 77	:	Amendment of section 32PA
Section 78	:	Amendment of section 35A
Section 79	:	Amendment of section 35B
Section 80	:	Amendment of section 35E
Section 81	:	Substitution of new Schedule for Third Schedule
Section 82	:	Amendment of Central Excise Rules, 1944
Section 83	:	Amendment of rule 6 of the CENVAT Credit Rules, 2001
Section 84	:	Amendment of notification issued under section 5A of the Central Excise Act
Section 85	:	Additional duty of excise on certain goods
Section 86	:	Amendment of First Schedule and Second Schedule
Section 87	:	Amendment of Chapter 15 of First Schedule
Chapter: V
SERVICE TAX
Section 88	:	Amendment of Act 32 of 1994
Chapter: VI
CENTRAL SALES TAX
Section 89	:	Amendment of section 2
Section 90	:	Amendment of section 5
Section 91	:	Amendment of section 6
Section 92	:	Amendment of section 13
Chapter: VII
BANKING CASH TRANSACTION TAX
Section 93	:	Extent, commencement and application
Section 94	:	Definitions
Section 95	:	Charge of banking cash transaction tax
Section 96	:	Value of taxable banking transaction
Section 97	:	Collection and recovery of banking cash transaction tax
Section 98	:	Scheduled bank to furnish prescribed return
Section 99	:	Assessment
Section 100	:	Rectification of mistake
Section 101	:	Interest on delayed payment of banking cash transaction tax
Section 102	:	Penalty for failure to collect or pay banking cash transaction tax
Section 103	:	Penalty for failure to furnish prescribed return
Section 104	:	Penalty for failure to comply with notice
Section 105	:	Penalty not to be imposed in certain cases
Section 106	:	Application of certain provisions of Act 43 of 1961
Section 107	:	Appeals to Commissioner of Income-tax (Appeals)
Section 108	:	Appeals to Appellate Tribunal
Section 109	:	False statement in verification, etc.
Section 110	:	Institution of proceedings
Section 111	:	Power to make rules
Section 112	:	Power to remove difficulties
Section 112A	:	This Chapter not to apply in certain cases
Chapter: VIII
MISCELLANEOUS
Section 113	:	Amendment of Act 5 of 1873
Section 114	:	Insertion of new section 8B in Act 2 of 1899
Section 115	:	Amendment of section 2 of Act 49 of 1950
Section 116	:	Substitution of new Schedule for First Schedule to Act 58 of 1957
Section 117	:	Amendment of section 2 of Act 46 of 1959
Section 118	:	Substitution of new Schedule for Schedule to Act 40 of 1978
Section 119	:	Amendment of Second Schedule to Act 21 of 1998
Section 120	:	Amendment of Second Schedule to Act 27 of 1999
Section 121	:	Amendment of section 10 of Act 54 of 2000
Section 122	:	Substitution of new Schedule for Seventh Schedule to Act 14 of 2001
Section 123	:	Amendment of Act 32 of 2003
Section 124	:	Amendment of Finance (No. 2) Act, 2004 (Act 23 of 2004)
SCHEDULE
SCH 01	:	FIRST SCHEDULE
SCH 02	:	SECOND SCHEDULE
SCH 03	:	THIRD SCHEDULE
SCH 04	:	FOURTH SCHEDULE
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
Memorandum to Finance Bill, 2005
Memo	:	Memorandums