FINANCE ACT, 1994

FINANCE ACT, 1994

S.1 Short Title and Commencement

S.2 Income-Tax

S.3 Amendment of Section 2

S.4 Insertion of New Section 5A

S.5 Amendment of Section 6

S.6 Amendment of Section 10

S.7 Amendment of Section 10B

S.8 Amendment of Section 12A

S.9 Amendment of Section 13

S.10 Amendment of Section 17

S.11 Amendment of Section 24

S.12 Amendment of Section 33AB

S.13 Amendment of Section 35

S.14 Amendment of Section 36

S.15 Amendment of Section 37

S.16 Insertion of New Sections 44AD and 44AE

S.17 Amendment of Section 44D

S.18 Amendment of Section 55

S.19 Amendment of Section 57

S.20 Amendment of Section 64

S.21 Amendment of Section 71

S.22 Substitution of New Section for Section 71A

S.23 Insertion of New Section 80E

S.24 Amendment of Section 80G

S.25 Amendment of Section 80HHD

S.26 Amendment of Section 80HHE

S.27 Amendment of Section 80-IA

S.28 Omission of Section 80V

S.29 Amendment of Section 88

S.30 Amendment of Section 88B

S.31 Amendment of Section 112

S.32 Amendment of Section 115A

S.33 Amendment of Section 115K

S.34 Amendment of Section 115N

S.35 Amendment of Section 116

S.36 Amendment of Section 139

S.37 Amendment of Section 143

S.38 Amendment of Section 154

S.39 Amendment of Section 194C

S.40 Insertion of New Section 194-I

S.41 Amendment of Section 196A

S.42 Amendment of Section 197

S.43 Amendment of Sections 198 to 200 and 202 to 205

S.44 Amendment of Section 211

S.45 Amendment of Section 234C

S.46 Amendment of Section 246

S.47 Amendment of Section 269

S.48 Amendment of Section 273A

S.49 Amendment of Section 296

S.50 Consequential Amendments

S.51 Amendment of Section 2

S.52 Amendment of Section 4

S.53 Amendment of Section 46

S.54 Amendment of Section 2

S.55 Amendment of Section 5

S.56 Amendment of Section 3 of Act 45 of 1974

S.57 Amendment of Section 4

S.58 Amendment of Section 6

S.59 Amendment of Section 17

S.60 Amendment of Act 52 of 1962

S.61 Amendment of Act 51 of 1975

S.62 Amendment of Act 5 of 1986

S.63 Amendment of Act 58 of 1957

S.64 Extent, commencement and application

S.65 Definitions

S.65(a) Classification of taxable services

S.66 Charge of Service Tax

S.66(a) Charge of service tax on services received from outside India

S.67 Valuation of taxable services for charging service tax

S.68 Payment of service tax

S.69 Registration

S.70 Furnishing of returns

S.71 Scheme for submission of Returns through Service Tax Preparers

S.72 Best Judgment Assessment

S.73 Recovery of Service Tax Not Levied or Paid or Short lived or Short-paid or Erroneously Refunded

S.73(a) Service tax collected from any person to be deposited with Central Government

S.73(b) Interest on amount collected in excess

S.73(c) Provisional attachment to protect revenue in certain cases

S.73(d) Publication of Information in respect of persons in certain cases

S.74 Rectification of mistake

S.75 Interest on delayed payment of service tax

S.75(a) [Omitted]

S.76 Penalty for failure to pay service tax

S.77 Penalty for contravention of rules and provisions of Act for which no penalty is specified elsewhere

S.78 Penalty for suppressing value of taxable service

S.79 Penalty for Failure to Comply with Notice

S.80 Penalty not to be imposed in certain cases

S.81 Offences by Companies

S.82 Power to search premises

S.83 Application of certain provisions of Act 1 of 1944

S.83(a) Power of adjudication

S.84 Appeals to Commissioner of Central Excise (Appeals)

S.85 Appeals to the Commissioner of Central Excise (Appeals)

S.86 Appeals to Appellate Tribunal

S.87 Recovery of any amount due to Central Government.

S.88 Liability under Act to be first charge

S.89 Offences and penalties

S.90 Abetment of false return, etc.

S.91 Certain offences to be non-cognizable

S.92 Institution of proceedings

S.93 Power to grant exemption from service tax

S.93(a) .

S.94 Power to make rules

S.95 Power to remove difficulties

S.96 Consequential amendment

S.96(a) Definitions

S.96(b) Vacancies, etc., not to invalidate proceedings

S.96(c) Application for Advance Ruling

S.96(d) Procedure on receipt of application

S.96(e) Applicability of advance ruling

S.96(f) Advance ruling to be void in certain circumstances

S.96(g) Powers of authority

S.96(h) Procedure of authority

S.96(i) Power of Central Government to make rules

S.96(j) Special exemption from service tax in certain cases

S.97 Amendment of Act 21 of 1979

S.98 Amendment of Act 13 of 1989

S.99 Amendment of Act 2 of 1899

Sch.1 FIRST SCHEDULE

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