{"act":{"id":"finance-act-1992","short_title":"The Finance Act, 1992","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 1992-1993.","act_number":"18","act_year":1992,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":109,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-1992/"},"unit":"section","section":{"number":"10","heading":"Amendment of section 24","text":"Amendment of section 24. 10. In section 24 of the Income-tax Act, in sub-section (1), with effect from the 1st day of April, 1993,— (a) for clause (i), the following clause shall be substituted, namely: — \"(i) in respect of repairs of, and collection of rent from, the property, a sum equal to one fifth of the annual value;\"; (b) clause (viii) shall be omitted. [Finance Act, 1992] © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p>Amendment of section 24.</p><p><b>10.</b> In section 24 of the Income-tax Act, in sub-section <i>(1),</i> with effect from the 1st day of April, 1993,—</p><p>(<i>a</i>) for clause (<i>i</i>), the following clause shall be substituted, namely: —</p><p>\"(<i>i</i>) in respect of repairs of, and collection of rent from, the property, a sum equal to one fifth of the annual value;\";</p><p>(<i>b</i>) clause (<i>viii</i>) shall be omitted.</p><p>[Finance Act, 1992]</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":74,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-1992/section/10/","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."}