{"act":{"id":"finance-act-2000","short_title":"The Finance Act, 2000","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2000-2001.","act_number":null,"act_year":2000,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":82,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2000/"},"unit":"section","section":{"number":"31","heading":"Amendment of section 80G","text":"Amendment of section 80G. 31. In section 80G of the Income-tax Act, with effect from the 1st day of April, 2001,— (a) in sub-section (1), in clause (i), after the words, brackets, figures and letter \"sub-clause (vii) of clause (a)\", the words, brackets and letter \"or in clause (c)\" shall be in­serted; (b) in sub-section (2), after clause (b), the following clause shall be inserted, namely:— \"(c) any sums paid by the assessee, being a company, in the previous year as donations to the Indian Olympic Association or to any other association or institution as notified by the Cen­tral Government under clause (23) of section 10 for— (i) the development of infrastructure for sports and games; or (ii) the sponsorship of sports and games, in India.\"; (c) in sub-section (4), for the word, brackets and letter \"clause (b)\", the words, brackets and letters \"clauses (b) and (c)\" shall be substituted. © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 80G.</b></p><p><b>31.</b> In section 80G of the Income-tax Act, with effect from the 1st day of April, 2001,—</p><p>(<i>a</i>) in sub-section (1), in clause (<i>i</i>), after the words, brackets, figures and letter \"sub-clause (<i>vii</i>) of clause (<i>a</i>)\", the words, brackets and letter \"or in clause (<i>c</i>)\" shall be in­serted;</p><p>(<i>b</i>) in sub-section (2), after clause (<i>b</i>), the following clause shall be inserted, namely:—</p><p>\"(<i>c</i>) any sums paid by the assessee, being a company, in the previous year as donations to the Indian Olympic Association or to any other association or institution as notified by the Cen­tral Government under clause (<i>23</i>) of section 10 for—</p><p>(<i>i</i>) the development of infrastructure for sports and games; or</p><p>(<i>ii</i>) the sponsorship of sports and games,</p><p>in India.\";</p><p>(<i>c</i>) in sub-section (4), for the word, brackets and letter \"clause (<i>b</i>)\", the words, brackets and letters \"clauses (<i>b</i>) and (<i>c</i>)\" shall be substituted.</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":156,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2000/section/31/","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."}