Amendment of section 194A
Section 23 of the Finance Act, 1970 deals with amendment of section 194A. Amendment of section 194A 23. In section 194A of the Income-tax Act, in sub-section (3), after clause (v), the following clauses shall be inserted, namely:— " (vi) to such income credited or paid in respect of deposits under any scheme framed by the Central Government and notified by it in this beha The Act was enacted on 14 May 1970.
Amendment of section 194A
23. In section 194A of the Income-tax Act, in sub-section (3), after clause (v), the following clauses shall be inserted, namely:—
" (vi) to such income credited or paid in respect of deposits under any scheme framed by the Central Government and notified by it in this behalf in the Official Gazette;
(vii) to such income credited or paid in respect of deposits with a banking company to which the Banking Regulation Act, 1949 (10 of 1949), app- lies (including any bank or banking institution referred to in section 51 of that Act), or with a co-operative society engaged in carrying on the business of .banking (including a co-operative land mortgage bank or a co-operative land development bank) .".
[Finance Act, 1970]
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Section 23, The Finance Act, 1970 (Act 19 of 1970).
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 23
What does Section 23 of the Finance Act deal with?
Section 23 of the Finance Act is headed "Amendment of section 194A". Amendment of section 194A 23. In section 194A of the Income-tax Act, in sub-section (3), after clause (v), the following clauses shall be inserted, namely:— " (vi) to such income credited or paid in respect of deposits under any scheme framed by the Central Government and notified by it in this beha
How do I find court cases under Section 23 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 1970 23, section 23 Finance Act 1970, section 23 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 23 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 194A (Interest other than "Interest on securities"), so none of them can safely be read on its own.
When was Section 23 of the Finance Act enacted?
Section 23 of the Finance Act, cited as Finance Act 1970 23, was enacted on 14 May 1970 as Act 19 of 1970. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. First Schedule4428 words
- 26. Amendment of Act 27 of 19572747 words
- 6. Substitution of new-section of section 131270 words
- 5. Amendment of section 11876 words
- 21. Substitution of new section for section 164872 words
- 2. Income-tax815 words
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