Amendment of Act 7 of 1964
Section 36 of the Finance Act, 1967 deals with amendment of Act 7 of 1964. Amendment of Act 7 of 1964 36. In the Companies (Profits) Surtax Act, 1964,— (a) in section 3, in sub-section (1),— (i) for the words "and Income-tax Officer", the words "Income-tax Officer and Inspector of Income-tax" shall be substituted; The Act was enacted on 05 Aug 1967.
Amendment of Act 7 of 1964
36. In the Companies (Profits) Surtax Act, 1964,—
(a) in section 3, in sub-section (1),—
(i) for the words "and Income-tax Officer", the words "Income-tax Officer and Inspector of Income-tax" shall be substituted;
(ii) for the words "same as that he has", the words "same as he has" shall be substituted;
(b) in section 18,—
(i) for the figures, words and brackets "131 to 136 (both inclusive)", the figures, letters, words and brackets "118, 125, 129, 130, 130A, 131, 132, 132A, 133 to 136 (both inclusive)" shall be substituted;
(ii) for the figures, words and brackets "287 to 293 (both inclusive)", the figures, letters, words and brackets "287, 288, 288A, 288B, 289 to 293 (both inclusive)" shall be substituted:
(c) in the First Schedule, in rule 1,—
(i) clause (v) shall be omitted with effect from the 1st day of April, 1968;
(ii) for clause (vii), the following clause shall be substituted with effect from the 1st day of April, 1968, namely:—
"(vii) an amount equal to fifty per cent. of the sum with reference to which a deduction is allowable to the company under the provisions of section 80G of the Income-tax Act;".
[Finance (No.
2) Act, 1967]
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Section 36, The Finance Act, 1967 (Act 20 of 1967).
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 36
What does Section 36 of the Finance Act deal with?
Section 36 of the Finance Act is headed "Amendment of Act 7 of 1964". Amendment of Act 7 of 1964 36. In the Companies (Profits) Surtax Act, 1964,— (a) in section 3, in sub-section (1),— (i) for the words "and Income-tax Officer", the words "Income-tax Officer and Inspector of Income-tax" shall be substituted;
How do I find court cases under Section 36 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 1967 36, section 36 Finance Act 1967, section 36 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 36 of the Finance Act, and has it changed?
Its own text turns on section 18 (Amendment of section 44), Income-tax Act 80G (Deduction in respect of donations to certain funds, charitable institutions, etc), so none of them can safely be read on its own. 5 other provisions in this corpus refer back to it.
When was Section 36 of the Finance Act enacted?
Section 36 of the Finance Act, cited as Finance Act 1967 36, was enacted on 05 Aug 1967 as Act 20 of 1967. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. Income-tax and surcharges on income-tax17952 words
- 2. Income-tax1717 words
- 27. Amendment of Chapter XIII1494 words
- 34. Amendment of Act 27 of 19571262 words
- 35. Amendment of Act 18 of 19581256 words
- 30. Amendment of Chapter XVII1048 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.