# The Finance Act, 1962, Section 13: Expenditure-tax not to be levied from 1st April, 1962

- Act: The Finance Act, 1962 (Act 20 of 1962)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1962/section/13/

## Text

Expenditure-tax not to be levied from 1st April, 1962 13. Notwithstanding anything contained in the Expenditure-tax Act, 1957 (29 of 1957), expenditure-tax shall not be charged for any financial year commencing on or after the first day of April, 1962, in respect of the expenditure incurred by any individual or Hindu undivided family. [Finance (No. 2) Act, 1962] © Copyright. Taxmann Publications Pvt. Ltd.

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