Short title, extent and commencement | Section – 1, Income-tax Act, 1961-2020

INCOME TAX ACT,1961

[43 OF 1961]

[AS AMENDED BY FINANCE ACT, 2020 AND TAXATION & OTHER LAWS (RELAXATION OF CERTAIN PROVISIONS) ORDINANCE, 2020]

An Act to consolidate and amend the law relating to income-tax and super-tax

BE it enacted by Parliament in the Twelfth Year of the Republic of India as follows :—

CHAPTER I

PRELIMINARY

Short title, extent and commencement.

1. (1) This Act may be called the Income-tax Act, 1961.

(2)  It extends to the whole of India.

(3)  Save as otherwise provided in this Act, it shall come into force on the 1st day of April, 1962.