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Section52
The Finance Act, 1966

Amendment of Act 63 of 1960

In force Act 13 of 1966 As on 17 Oct 2026

Act 13 of 1966 Ministry Finance Enacted 13 May 1966 Cited by 1 provision

Section 52 of the Finance Act, 1966 deals with amendment of Act 63 of 1960. Amendment of Act 63 of 1960 52. In section 4A of the Preference Shares (Regulation of Dividends) Act, 1960, for the words "such deduction shall in no case exceed twenty-five per cent of the stipulated dividend.", the following words, figures, letters and brackets shall be substituted, namely:— "such The Act was enacted on 13 May 1966.

Amendment of Act 63 of 1960

52. In section 4A of the Preference Shares (Regulation of Dividends) Act, 1960, for the words "such deduction shall in no case exceed twenty-five per cent of the stipulated dividend.", the following words, figures, letters and brackets shall be substituted, namely:—

"such deduction made by the company from any dividend declared after the 28th day of February, 1966 shall in no case exceed twenty-seven and a half per cent of the aggregate of—

(i) the stipulated dividend, and

(ii) an amount equal to eleven per cent of the stipulated dividend as specified in sub-section (3) of section 3.".

[Finance Act, 1966]

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Section 52, The Finance Act, 1966 (Act 13 of 1966).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. s. 3 Annuity deposit

Referred to by 1

  1. s. 1 Short title and Commencement

Questions about Section 52

What does Section 52 of the Finance Act deal with?

Section 52 of the Finance Act is headed "Amendment of Act 63 of 1960". Amendment of Act 63 of 1960 52. In section 4A of the Preference Shares (Regulation of Dividends) Act, 1960, for the words "such deduction shall in no case exceed twenty-five per cent of the stipulated dividend.", the following words, figures, letters and brackets shall be substituted, namely:— "such

How do I find court cases under Section 52 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 1966 52, section 52 Finance Act 1966, section 52 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 52 of the Finance Act, and has it changed?

Its own text turns on section 3 (Annuity deposit), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was Section 52 of the Finance Act enacted?

Section 52 of the Finance Act, cited as Finance Act 1966 52, was enacted on 13 May 1966 as Act 13 of 1966. It is in force as at the date shown on this page.

Other sections of this Act

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.