Amendment of section 7
Section 4 of the Finance Act, 1961 deals with amendment of section 7. Amendment of section 7 4. In section 7 of the Income-tax Act, in the proviso to Explanation 2, after the words "a Central, State or Provincial Act", the words, letters and figures "or any payment of retiring gratuity received after the 1st day of June, 1953, under the New Pension Code applicable to The Act was enacted on 29 Apr 1961.
Amendment of section 7
4. In section 7 of the Income-tax Act, in the proviso to Explanation 2, after the words "a Central, State or Provincial Act", the words, letters and figures "or any payment of retiring gratuity received after the 1st day of June, 1953, under the New Pension Code applicable to the members of the Defence Services" shall be inserted and shall be deemed always to have been inserted.
[Finance Act, 1961]
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Section 4, The Finance Act, 1961 (Act 14 of 1961).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Referred to by 2
Questions about Section 4
What does Section 4 of the Finance Act deal with?
Section 4 of the Finance Act is headed "Amendment of section 7". Amendment of section 7 4. In section 7 of the Income-tax Act, in the proviso to Explanation 2, after the words "a Central, State or Provincial Act", the words, letters and figures "or any payment of retiring gratuity received after the 1st day of June, 1953, under the New Pension Code applicable to
How do I find court cases under Section 4 of the Finance Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 1961 4, section 4 Finance Act 1961, section 4 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 4 of the Finance Act, and has it changed?
Its own text turns on section 7 (Amendment of section 15C), Income-tax Act 7 (Income deemed to be received), so none of them can safely be read on its own. 2 other provisions in this corpus refer back to it.
When was Section 4 of the Finance Act enacted?
Section 4 of the Finance Act, cited as Finance Act 1961 4, was enacted on 29 Apr 1961 as Act 14 of 1961. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. First Schedule3164 words
- 6. Amendment of section 101155 words
- 2. Income-tax and super-tax638 words
- 3. Amendment of section 4441 words
- 7. Amendment of section 15C354 words
- 5. Amendment of section 7198 words
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