India - Income Tax Act 2010 - Saarc

S. 293A I.T. ACT, 1961 1.950Bar of suits in civil courts.293. No suit shall be brought in any civil court to set aside or modify any 25 [***]26[proceeding taken 27 or] order made under this Act; and no prosecution,suit or other proceeding shall lie against 28 [the Government or] any officer of theGovernment for anything in good faith done or intended to be done under thisAct.29[Power to make exemption, etc., in relation to participation in the business ofprospecting for, extraction, etc., of mineral oils.293A. (1) If the Central Government is satisfied that it is necessary or expedientso to do in the public interest, it may, by notification 30 in the OfficialGazette, make an exemption, reduction in rate or other modification in respectof income-tax in favour of any class of persons specified in sub-section (2) or inregard to the whole or any part of the income of such class of persons 31 [or inregard to the status in which such class of persons or the members thereofare to be assessed on their income from the business referred to in clause (a) ofsub-section (2) :Provided that the notification for modification in respect of the status may begiven effect from an assessment year beginning on or after the 1st day of April,1993.](2) The persons referred to in sub-section (1) are the following, namely :—(a) persons with whom the Central Government has entered into agreementsfor the association or participation of that Government or anyperson authorised by that Government in any business consisting ofthe prospecting for or extraction or production of mineral oils;(b) persons providing any services or facilities or supplying any ship,aircraft, machinery or plant (whether by way of sale or hire) inconnection with any business consisting of the prospecting for orextraction or production of mineral oils carried on by that Governmentor any person specified by that Government in this behalf bynotification in the Official Gazette; and(c) employees of the persons referred to in clause (a) or clause (b).(3) Every notification issued under this section shall be laid before each Houseof Parliament.32[Explanation.—For the purposes of this section,—25. Word “assessment” omitted by the Finance Act, 1987, w.r.e.f. 1-3-1987.26. Inserted by the Finance Act, 1988, w.r.e.f. 1-3-1988.27. For the meaning of the expression “proceeding taken”, see Taxmann’s Direct TaxesManual, Vol. 3.28. Inserted by the Finance Act, 1964, w.e.f. 1-4-1964.29. Inserted by the Finance Act, 1981, w.e.f. 1-4-1981.30. For notifications issued under this section, see Taxmann’s Master Guide to Income-taxAct.31. Inserted by the Finance Act, 1995, w.r.e.f. 1-4-1993.32. Substituted by the Finance Act, 1995, w.r.e.f. 1-4-1993. Prior to its substitution, theExplanation, as inserted by the Finance Act, 1981, w.e.f. 1-4-1981, read as under :‘Explanation.—For the purposes of this section, “mineral oil” includes petroleum andnatural gas.’