Amendment of section 193
Section 13 of the Finance Act, 1965 deals with amendment of section 193. Amendment of section193 13. In section 193 of the Income-tax Act, for the proviso, the following proviso shall be substituted, namely:— "Provided that no tax shall be deducted from— (i) any interest payable on 4 1/4 per cent.
Amendment of section193
13. In section 193 of the Income-tax Act, for the proviso, the following proviso shall be substituted, namely:—
"Provided that no tax shall be deducted from—
(i) any interest payable on 4 1/4 per cent. National De-fence Bonds, 1972, where the bonds are held by an individual, not being a non-resident; or
(ii) any interest payable on National Savings Certificates (First Issue); or
(iii) any interest payable on 6 1/2 per cent. Gold Bonds, 1977 or 7 per cent. Gold Bonds 1980, where the bonds are held by an individual not being a nonresident, and the holder thereof makes a declaration in writing before the person responsible for paying the interest that the total nominal value of the 6 1/2 pet cent. Gold Bonds, 1977 or, as the case may be, the 7 per cent. Gold Bonds, 1980 held by him (including such bonds, if any, held on his behalf by any other person) did not in either case exceed ten thousand rupees at any time during the period to which the interest relates.".
[Finance (No.
2) Act, 1965]
© Copyright. Taxmann Publications Pvt. Ltd.
Section 13, 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 13
What does Section 13 of the Finance Act deal with?
Section 13 of the Finance Act is headed "Amendment of section 193". Amendment of section193 13. In section 193 of the Income-tax Act, for the proviso, the following proviso shall be substituted, namely:— "Provided that no tax shall be deducted from— (i) any interest payable on 4 1/4 per cent.
How do I find court cases under Section 13 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 13, section 13 Finance Act 1965, section 13 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 13 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 193 (Interest on securities), so none of them can safely be read on its own.
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.