Act13
Enacted 1966

The Finance Act, 1966

In force 48 sections Finance

An Act to give effect to the financial proposals of the Central Government for the financial year 1966-1967.

Act 13 of 1966 Enacted 13 May 1966 Department Department of Revenue

Administered by. Ministry of Finance, Department of Revenue · Other Acts of 1966

What this Act covers

The Finance Act for 1966. Its First Schedule carries the rates of income-tax for the year; the rest amends the Income-tax Act and the other fiscal statutes. The rate of tax for a year is fixed here and not in the Income-tax Act.

Sections

Type to filter. 48 sections.

  1. 1Short title and Commencement
  2. 2Income-tax
  3. 3Annuity deposit
  4. 4Amendment of section 2
  5. 5Amendment of section 13
  6. 6Amendment of section 32
  7. 7Amendment of section 33
  8. 8Amendment of section 33A
  9. 9Amendment of section 34
  10. 10Insertion of new section 35A
  11. 11Amendment of section 36
  12. 12Amendment of section 43
  13. 13Amendment of section 45
  14. 14Amendment of section 55
  15. 15Amendment of chapter VIA
  16. 16Amendment of section 85A
  17. 17Insertion of new sections 85B and 85C
  18. 18Amendment of section 86A
  19. 19Amendment of section 88
  20. 20Amendment of section 104
  21. 21Amendment of section 109
  22. 22Amendment of section 112A
  23. 23Amendment of section 114
  24. 24Amendment of section 115
  25. 25Amendment of section 193
  26. 26Amendment of section 201
  27. 27Amendment of section 235
  28. 28Amendment of section 236A
  29. 29Amendment of section 280C
  30. 30Substitution of new sections for 280O and 280P
  31. 31Substitution of new section for section 280X
  32. 32Consequential or miner amendments relating to annuity deposits in the income-tax Act
  33. 33Amendment of section 220ZB
  34. 34Insertion of new sections 288A and 288B
  35. 35Amendment of section 297
  36. 36Amendment of First Schedule
  37. 37Amendment of Fifth Schedule
  38. 38Amendment of Act 54 of 1953
  39. 39Transitional provisions
  40. 40Repeal of Act 29 of 1957
  41. 41Amendment of Act 18 of 1958
  42. 42Repeal of Act 14 of 1965
  43. 43Amendment of Act 7 of 1964
  44. 52Amendment of Act 63 of 1960
  45. 53Amendment of Act 52 of 1963
  46. First ScheduleFirst Schedule
  47. Second ScheduleSecond Schedule
  48. Third ScheduleThird Schedule

Related Acts

Provenance. 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.

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. Every one of the 48 sections of this Act has its own page. This page is not a substitute for legal advice.