Amendment of section 112
Section 10 of the Finance Act, 1965 deals with amendment of section 112. Amendment of section 112 10. In section 112 of the Income-tax Act,— (a) in clause (i), for the words "and of the capital gains", the words and brackets "and by the amount of the interest on National Savings.
Amendment of section 112
10. In section 112 of the Income-tax Act,—
(a) in clause (i), for the words "and of the capital gains", the words and brackets "and by the amount of the interest on National Savings. Certificates (First Issue) and of the capital gains" shall, be substituted ;
(b) in clause (iii), for the words "by the amount of capital gains", the words and brackets "by the amount of the interest on National Savings Certificates (First Issue) and of the capital gains" shall be substituted ;
(c) for clause (iv), the following clause shall be substituted, namely:—
"(iv)' the tax on the interest on National Savings Certificates (First Issue) and on capital gains, if any, computed in accordance with the provisions of clause (b) of section 112A and clause (b) of section 114, respectively,",
[Finance (No.
2) Act, 1965]
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Section 10, The Finance Act, 1965 (Act 15 of 1965).
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 10
What does Section 10 of the Finance Act deal with?
Section 10 of the Finance Act is headed "Amendment of section 112". Amendment of section 112 10. In section 112 of the Income-tax Act,— (a) in clause (i), for the words "and of the capital gains", the words and brackets "and by the amount of the interest on National Savings.
How do I find court cases under Section 10 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 1965 10, section 10 Finance Act 1965, section 10 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 10 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 112 (Tax on long-term capital gains), so none of them can safely be read on its own. 3 other provisions in this corpus refer back to it.
When was the Finance Act enacted?
Finance Act was enacted in 1965 as Act 15 of 1965. India Code records no commencement date for it. It is in force as at the date shown on this page.
Other sections of this Act
- 24. Voluntary disclosure of income2329 words
- 3. Amendment of section 10702 words
- 20. Amendment of Act 27 of 1957579 words
- 17. Amendment of section 280ZC336 words
- 11. Insertion of new section 112A266 words
- 5. Amendment of section 33233 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.