Amendment of section 33
Section 7 of the Finance Act, 1966 deals with amendment of section 33. Amendment of section 33 7. In section 33 of the Income-tax Act, in the Explanation to sub-section (3), the words "and the subsidiary company is an Indian company" shall be omitted. The Act was enacted on 13 May 1966.
Amendment of section 33
7. In section 33 of the Income-tax Act, in the Explanation to sub-section (3), the words "and the subsidiary company is an Indian company" shall be omitted.
[Finance Act, 1966]
© Copyright. Taxmann Publications Pvt. Ltd.
Section 7, 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
Questions about Section 7
What does Section 7 of the Finance Act deal with?
Section 7 of the Finance Act is headed "Amendment of section 33". Amendment of section 33 7. In section 33 of the Income-tax Act, in the Explanation to sub-section (3), the words "and the subsidiary company is an Indian company" shall be omitted.
How do I find court cases under Section 7 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 7, section 7 Finance Act 1966, section 7 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 7 of the Finance Act, and has it changed?
Its own text turns on section 33 (Amendment of section 220ZB), Income-tax Act 33 (Development rebate), so none of them can safely be read on its own.
When was Section 7 of the Finance Act enacted?
Section 7 of the Finance Act, cited as Finance Act 1966 7, 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
- First Schedule. First Schedule3424 words
- 2. Income-tax1599 words
- 10. Insertion of new section 35A687 words
- 30. Substitution of new sections for 280O and 280P634 words
- 38. Amendment of Act 54 of 1953615 words
- 41. Amendment of Act 18 of 1958558 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.