{"act":{"id":"finance-act-1977","short_title":"The Finance Act, 1977","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 1977-1978.","act_number":"11","act_year":1977,"enact_date":"1977-08-06","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":37,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-1977/"},"unit":"section","section":{"number":"5","heading":"Amendment of section 10","text":"Amendment of section 10 5. In section 10 of the Income-tax Act,— (a) in clause (6), in sub-clause (i), after item (a), the following item shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 1972, namely: — \"(aa) from his employer, for his children having full time education in any educational institution outside India, in connection with their proceeding to India during vacation;\"; (b) in clause (26A), for the figures, letters and words \"1st day of April, 1975\", the figures, letters and words \"1st day of April, 1980\" shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 1975. [Finance (No. 2) Act, 1977] © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 10</b></p><p><b>5.</b> In section 10 of the Income-tax Act,—</p><p>(<i>a</i>) in clause (<i>6</i>), in sub-clause (<i>i</i>), after item (<i>a</i>), the following item shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 1972, namely: —</p><p>\"(<i>aa</i>) from his employer, for his children having full time education in any educational institution outside India, in connection with their proceeding to India during vacation;\";</p><p>(<i>b</i>) in clause (<i>26A</i>), for the figures, letters and words \"1st day of April, 1975\", the figures, letters and words \"1st day of April, 1980\" shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 1975.</p><p>[Finance (No. 2) Act, 1977]</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":129,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-1977/section/5/","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."}