Amendment of section 43
Section 6 of the Finance Act, 1965 deals with amendment of section 43. 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 p
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]
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Section 6, The Finance Act, 1965 (Act 15 of 1965).
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Questions about Section 6
What does Section 6 of the Finance Act deal with?
Section 6 of the Finance Act is headed "Amendment of section 43". 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 p
How do I find court cases under Section 6 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 6, section 6 Finance Act 1965, section 6 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 6 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 43 (Definitions of certain terms relevant to income from profits and gains of business or profession), so none of them can safely be read on its own. 1 other provision in this corpus refers 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.