<h1>Finance (No. 2) Act, 2009: Changes in Income-tax Act, Customs Act, Dispute Resolution, Safe Harbour, and Tax Deductions.</h1> The Finance (No. 2) Act, 2009 introduced several new sections to various acts, affecting taxation and related procedures. Key changes to the Income-tax Act, 1961 include the power to withdraw approval, the requirement for a Permanent Account Number, processing of tax statements, and liability of partners in limited liability partnerships during liquidation. Other provisions address dispute resolution, safe harbour rules, and deductions for specified business expenditures. The Customs Act, 1962 now includes a provision for import duty refunds, while certain chapters of the Securities and Commodities Transaction Tax Acts are exempted in specific cases. These amendments were passed by the Lok Sabha and Rajya Sabha.