{"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":"46","heading":"Amendment of section 88","text":"Amendment of section 88. 46. In section 88 of the Income-tax Act,— (a) in sub-section (2), in clause (xv), in sub-clause (c), in item (5), for the words, brackets and figures \"which is ap­proved for the purposes of clause (viii ) of sub-section (1) of section 36\", the words, brackets and figures \"which is eligible for deduction under clause (viii) of sub-section (1) of section 36\" shall be substituted; (b) in sub-section (5), for the words \"ten thousand rupees\", at both the places where they occur, the words \"twenty thousand rupees\" shall be substituted with effect from the 1st day of April, 2001. (c) in sub-section (6), in clause (ii), for the words \"fourteen thousand rupees\", the words \"sixteen thousand rupees\" shall be substituted with effect from the 1st day of April, 2001. © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 88.</b></p><p><b>46.</b> In section 88 of the Income-tax Act,—</p><p>(<i>a</i>) in sub-section (2), in clause (<i>xv</i>), in sub-clause (<i>c</i>), in item (5), for the words, brackets and figures \"which is ap­proved for the purposes of clause (<i>viii</i> ) of sub-section (1) of section 36\", the words, brackets and figures \"which is eligible for deduction under clause (<i>viii</i>) of sub-section (1) of section 36\" shall be substituted;</p><p>(<i>b</i>) in sub-section (5), for the words \"ten thousand rupees\", at both the places where they occur, the words \"twenty thousand rupees\" shall be substituted with effect from the 1st day of April, 2001.</p><p>(<i>c</i>) in sub-section (6), in clause (<i>ii</i>), for the words \"fourteen thousand rupees\", the words \"sixteen thousand rupees\" shall be substituted with effect from the 1st day of April, 2001.</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":139,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2000/section/46/","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."}