{"act":{"id":"finance-act-2002","short_title":"The Finance Act, 2002","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2002-2003.","act_number":null,"act_year":2002,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":124,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2002/"},"unit":"section","section":{"number":"35","heading":"Amendment of section 80L","text":"Amendment of section 80L. 35. In section 80L of the Income-tax Act, in sub-section (1), after clause (iiia), the following clauses shall be inserted with effect from the 1st day of April, 2003, namely:— \"(iv) dividends from any Indian company; (v ) income received in respect of units from the Unit Trust of India established under the Unit Trust of India Act, 1963 (52 of 1963) other than the income arising from transfer of such units; (va) income received in respect of units of a Mutual Fund specified under clause (23D) of section 10 other than the income arising from transfer of such units;\". © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><b>Amendment of section 80L.</b></p><p><b>35. </b>In section 80L of the Income-tax Act, in sub-section (1), after clause (<i>iiia</i>), the following clauses shall be inserted with effect from the 1st day of April, 2003, namely:—</p><p>\"(<i>iv</i>) dividends from any Indian company;</p><p>(<i>v</i> ) income received in respect of units from the Unit Trust of India established under the Unit Trust of India Act, 1963 (52 of 1963) other than the income arising from transfer of such units;</p><p>(<i>va</i>) income received in respect of units of a Mutual Fund specified under clause (<i>23D</i>) of section 10 other than the income arising from transfer of such units;\".</p><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":110,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2002/section/35/","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."}