Insertion of new Section 80RR
Section 11 of the Finance Act, 1969 deals with insertion of new Section 80RR. Insertion of new Section 80RR 11. After section 80R of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 1970, namely:— "80RR. The Act was enacted on 13 May 1969.
Insertion of new Section 80RR
11. After section 80R of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 1970, namely:—
"80RR. Where the gross total income of an individual resident in India, being an author, playwright, artist, musician or actor, includes any income derived by him in the exercise of his profession from the Government of a foreign State or any person not resident in India, and such income is received in, or brought into, India by him or on his behalf in accordance with the Foreign Exchange Regulation Act, 1947(7 of 1947), and any rules made thereunder, there shall be allowed a deduction from such income of an amount equal to twenty-five per cent.of the income so received or brought, in computing the total income of the individual.".
[Finance Act, 1969]
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Section 11, The Finance Act, 1969 (Act 14 of 1969).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 11
What does Section 11 of the Finance Act deal with?
Section 11 of the Finance Act is headed "Insertion of new Section 80RR". Insertion of new Section 80RR 11. After section 80R of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 1970, namely:— "80RR.
How do I find court cases under Section 11 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 1969 11, section 11 Finance Act 1969, section 11 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 11 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 80R (Deduction in respect of remuneration from certain foreign sources in the case of professors, teachers, etc), so none of them can safely be read on its own.
When was Section 11 of the Finance Act enacted?
Section 11 of the Finance Act, cited as Finance Act 1969 11, was enacted on 13 May 1969 as Act 14 of 1969. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. First Schedule5248 words
- 24. Amendment of Act 27 of 1957943 words
- 2. Income-tax812 words
- 16. Amendment of section 12582 words
- 3. amendment of section 2494 words
- 9. Insertion of new section 80MM407 words
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