Section7
The Finance Act, 1967

Amendment of section 20

In force Act 20 of 1967 As on 15 Oct 2026

Act 20 of 1967 Ministry Finance Enacted 05 Aug 1967 Cited by 1 provision

Section 7 of the Finance Act, 1967 deals with amendment of section 20. Amendment of section 20 7. In section 29 of the Income-tax Act, for the words and figures "sections 30 to ", the words, figures and letter "sections 30 to 43A" shall be substituted. The Act was enacted on 05 Aug 1967.

Amendment of section 20

7. In section 29 of the Income-tax Act, for the words and figures "sections 30 to 43", the words, figures and letter "sections 30 to 43A" shall be substituted.

[Finance (No.

2) Act, 1967]

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Section 7, 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.

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 20". Amendment of section 20 7. In section 29 of the Income-tax Act, for the words and figures "sections 30 to ", the words, figures and letter "sections 30 to 43A" shall be substituted.

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 1967 7, section 7 Finance Act 1967, 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 20 (Amendment of section 49), section 30 (Amendment of Chapter XVII), Income-tax Act 29 (Income from profits and gains of business or profession, how computed), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was Section 7 of the Finance Act enacted?

Section 7 of the Finance Act, cited as Finance Act 1967 7, 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

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.