Amendment of section 35
Section 9 of the Finance Act, 1961 deals with amendment of section 35. Amendment of section 35 9. In section 35 of the Income-tax Act, in sub-section (11) ,— (a) in clause (i) , after the words "other than the Government", the words "or for any consideration not connected with any amalgamation or succession referred to in clause (vic) of sub-section (2) of section ", s The Act was enacted on 29 Apr 1961.
Amendment of section 35
9. In section 35 of the Income-tax Act, in sub-section (11) ,—
(a) in clause (i) , after the words "other than the Government", the words "or for any consideration not connected with any amalgamation or succession referred to in clause (vic) of sub-section (2) of section 10", shall be inserted;
(b) the following Explanation shall be inserted, namely: —
"Explanation. —For the purposes of this sub-section, a successor referred to in sub-clause (i) or sub-clause (ii) of clause (vic) of sub-section (2) of section 10 shall be deemed to be the assessee even in respect of an allowance by way of development rebate made to the predecessor, and any tax resulting from the recomputation of the total income for any previous year of the predecessor shall be payable by the successor.".
[Finance Act, 1961]
© Copyright. Taxmann Publications Pvt. Ltd.
Section 9, 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
Questions about Section 9
What does Section 9 of the Finance Act deal with?
Section 9 of the Finance Act is headed "Amendment of section 35". Amendment of section 35 9. In section 35 of the Income-tax Act, in sub-section (11) ,— (a) in clause (i) , after the words "other than the Government", the words "or for any consideration not connected with any amalgamation or succession referred to in clause (vic) of sub-section (2) of section ", s
How do I find court cases under Section 9 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 9, section 9 Finance Act 1961, section 9 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 9 of the Finance Act, and has it changed?
Its own text turns on section 10 (Amendment of section 56A), Income-tax Act 35 (Expenditure on scientific research), so none of them can safely be read on its own.
When was Section 9 of the Finance Act enacted?
Section 9 of the Finance Act, cited as Finance Act 1961 9, 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
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. 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. This page is not a substitute for legal advice.