# The Finance Act, 1965, Section 6: Amendment of section 43

- Act: The Finance Act, 1965 (Act 15 of 1965)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1965/section/6/

## Text

Amendment of section 43 6. In section 43 of the Income-tax Act, in clause (6), after subclause (b), the following proviso shall be, and shall be deemed always to have been, inserted, namely : — 'Provided that in determining the written down value in respect of buildings, machinery or plant for the purposes of clause (ii) of sub-section (1) of section 32, "depreciation actually allowed" shall not include depreciation allowed under sub-clauses (a), (b) and (c) of clause (vi) of sub-section (2) of section 10 of the Indian Income-tax Act, 1922 (11 of 1922), where such depreciation was not deductible in determining the written down value for the purposes of the said clause (vi).'. [Finance (No. 2) Act, 1965] © Copyright. Taxmann Publications Pvt. Ltd.

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