{"act":{"id":"finance-act-1964","short_title":"The Finance Act, 1964","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 1964-1965.","act_number":"5","act_year":1964,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":57,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-1964/"},"unit":"section","section":{"number":"9","heading":"Amendment of section 37","text":"Amendment of section 37 9. In section 37 of the Income-tax Act, after sub-section (2), the following sub-section shall be inserted, namely: — \"(3) Notwithstanding anything contained in sub-section (1) any expenditure incurred by an assessee after the 31st day of March, 1964 on advertisement or on maintenance of any resi dential accommodation including any accommodation in the nature of a guest house or in connection with travelling by an employee or any other person (including hotel expenses for allowances paid in connection with such travelling) shall be allowed only to the extent, and subject to such conditions, if any, as may be prescribed.\". [Finance Act, 1964] © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 37</b></p><p><b>9.</b> In section 37 of the Income-tax Act, after sub-section (2), the following sub-section shall be inserted, namely: —</p><p>\"(3) Notwithstanding anything contained in sub-section (<i>1) </i>any expenditure incurred by an assessee after the 31st day of March, 1964 on advertisement or on maintenance of any resi dential accommodation including any accommodation in the nature of a guest house or in connection with travelling by an employee or any other person (including hotel expenses for allowances paid in connection with such travelling) shall be allowed only to the extent, and subject to such conditions, if any, as may be prescribed.\".</p><p>[Finance Act, 1964]</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":113,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-1964/section/9/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}