Finance Act, 2011

Chapter: I
Preliminary
Section 1	:	Short title and commencement.
Chapter: II
Rates of Income Tax
Section 2	:	RATES OF INCOME-TAX
Chapter: III
Direct Taxes
Part: 1
Income Tax
Section 3	:	Amendment of section 2.
Section 4	:	Amendment of section 10.
Section 5	:	Amendment of section 35.
Section 6	:	Amendment of section 35AD.
Section 7	:	Amendment of section 36.
Section 8	:	Amendment of section 40A.
Section 9	:	Amendment of section 80CCE.
Section 10	:	Amendment of section 80CCF.
Section 11	:	Amendment of section 80-IA.
Section 12	:	Amendment of section 80-IB.
Section 13	:	Amendment of section 92C.
Section 14	:	Amendment of section 92CA.
Section 15	:	Insertion of new section 94A.
Section 16	:	Amendment of section 115A.
Section 17	:	Insertion of new section 115BBD.
Section 18	:	Amendment of section 115JB.
Section 19	:	Insertion of new Chapter XII-BA.
Section 20	:	Amendment of section 115-O.
Section 21	:	Amendment of section 115R.
Section 22	:	Amendment of section 131.
Section 23	:	Amendment of section 133.
Section 24	:	Amendment of section 139.
Section 25	:	Amendment of section 143.
Section 26	:	Amendment of section 153.
Section 27	:	Amendment of section 153B.
Section 28	:	Insertion of new section 194LB.
Section 29	:	Amendment of section 245C.
Section 30	:	Amendment of section 245D.
Section 31	:	Omission of section 282B.
Section 32	:	Insertion of new section 285.
Section 33	:	Amendment of section 296.
Section 34	:	Amendment of Fourth Schedule.
Part: 2
Wealth Tax
Section 35	:	Amendment of section 22D of Act 27 of 1957.
Chapter: IV
Indirect Taxes
Part: I
Customs
Section 36	:	Amendment of section 2.
Section 37	:	Amendment of section 3.
Section 38	:	Substitution of new section for section 17 Assessment of duty.
Section 39	:	Amendment of section 18.
Section 40	:	Amendment of section 19.
Section 41	:	Amendment of section 27.
Section 42	:	Substitution of new section for section 28.
Section 43	:	Substitution of new section for sections 28AA and 28AB.
Section 44	:	Amendment of section 46.
Section 45	:	Amendment of section 50.
Section 46	:	Amendment of section 75.
Section 47	:	Amendment of section 110A.
Section 48	:	Amendment of section 114A
Section 49	:	Amendment of section 124.
Section 50	:	Insertion of new section 131BA.
Section 51	:	Insertion of new section 142A.
Section 52	:	Amendment of section 150.
Section 53	:	Amendment of section 151A.
Section 54	:	Amendment of section 157.
Section 55	:	Amendment of notifications issued under section 25 Customs Act.
Section 56	:	Special provisions exempting duty of customs on certain imports of fresh garlic.
Section 57	:	Amendment of section 3.
Section 58	:	Amendment of section 9A
Section 59	:	Amendment of section 9AA.
Section 60	:	Amendment of First Schedule and Second Schedule.
Section 61	:	Special provisions to impose final safeguard duty on Caustic Soda Lye during certain period.
Part: II
Excise
Section 62	:	Amendment of section 4A
Section 63	:	Substitution of new section for section 11A
Section 64	:	Substitution of new section for sections 11AA and 11AB
Section 65	:	Substitution of new section for section 11AC
Section 66	:	Insertion of new section 11E
Section 67	:	Amendment of section 12
Section 68	:	Insertion of new section 12F
Section 69	:	Insertion of new section 35R
Section 70	:	Amendment of section 38
Section 71	:	Amendment of rule 3 of CENVAT Credit Rules, 2004
Section 72	:	Amendment of notifications issued under section 5A of Central Excise Act
Section 73	:	Amendment of First Schedule and Third Schedule
Chapter: V
Service Tax
Section 74	:	Amendment of Act 32 of 1994
Section 75	:	Validation of exemption given to a person by tour operator having contract carriage permit for inter-State or intra-state transportation of passengers with retrospective effect
Chapter: VI
Miscellaneous
Section 76	:	Amendment of Act 16 of 1955
Section 77	:	Amendment of section 15 of Act 74 of 1956
Section 78	:	Amendment of First Schedule to Act 58 of 1957
Section 79	:	Amendment of Special Economic Zones Act, 2005 (Second Schedule to Act 28 of 2005)
Schedules
Sch 01	:	THE FIRST SCHEDULE-(See section 2) - RATES OF INCOME-TAX
Sch 02	:	SECOND SCHEDULE [Section 55 (1)] - Amendment of notifications issued under section 25 Customs Act.
Sch 03	:	THIRD SCHEDULE (See section 56) - Special provisions exempting duty of customs on certain imports of fresh garlic.
Sch 04	:	FOURTH SCHEDULE [Section 60(a)(i)] - Amendment of First Schedule to the Customs Tariff Act
Sch 05	:	FIFTH SCHEDULE [Section 60(a)(ii)] - Amendment of First Schedule to the Customs Tariff Act - w.e.f. 1.1.2012
Sch 06	:	SIXTH SCHEDULE [Section 60(b)] - Amendment of Second Schedule - to the Customs Tariff Act - EXPORT TARIFF
Sch 07	:	SEVENTH SCHEDULE [Section 61(1)] - Special provisions to impose final safeguard duty on Caustic Soda Lye during certain period.
Sch 08	:	EIGHTH SCHEDULE [Section 71(1)] - Amendment of rule 3 of CENVAT Credit Rules, 2004.
Sch 09	:	NINTH SCHEDULE [Section 72(1)] - Amendment of notifications issued under section 5A of Central Excise Act.
Sch 10	:	TENTH SCHEDULE [Section 73(a)(i)] - Amendment of First Schedule to the Central Excise Tariff Act
Sch 11	:	ELEVENTH SCHEDULE [See section 73(a)(ii)] - Amendment of First Schedule to the Central Excise Tariff Act - w.e.f. 1.1.2012
Sch 12	:	TWELFTH SCHEDULE [Section 73(b)] - Amendment of Third Schedule to the Central Excise Tariff Act
Sch 13	:	THIRTEENTH SCHEDULE (See section 78) - Amendment of First Schedule to the Additional Duties of Excise (Goods of Special Importance) Act, 1957