Amendment of section 86
Section 24 of the Finance Act, 1971 deals with amendment of section 86. Amendment of section 86. 24. In section 86 of the Income-tax Act, in clause (iii), after the words "unregistered firm", the brackets, words, letter and figures "[not being an unregistered firm assessed as a registered firm under clause (b) of section 183]" shall be inserted. The Act was enacted on 10 Aug 1971.
Amendment of section 86.
24. In section 86 of the Income-tax Act, in clause (iii), after the words "unregistered firm", the brackets, words, letter and figures "[not being an unregistered firm assessed as a registered firm under clause (b) of section 183]" shall be inserted.
[Finance (No.
2) Act, 1971]
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Section 24, The Finance Act, 1971 (Act 32 of 1971).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 24
What does Section 24 of the Finance Act deal with?
Section 24 of the Finance Act is headed "Amendment of section 86". Amendment of section 86. 24. In section 86 of the Income-tax Act, in clause (iii), after the words "unregistered firm", the brackets, words, letter and figures "[not being an unregistered firm assessed as a registered firm under clause (b) of section 183]" shall be inserted.
How do I find court cases under Section 24 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 1971 24, section 24 Finance Act 1971, section 24 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 24 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 86 (Share of member of an association of persons or body of individuals in the income of the association or body), so none of them can safely be read on its own.
When was Section 24 of the Finance Act enacted?
Section 24 of the Finance Act, cited as Finance Act 1971 24, was enacted on 10 Aug 1971 as Act 32 of 1971. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. First Schedule3950 words
- 10. Amendment of section 40A1041 words
- 2. Income-tax860 words
- 31. Amendment of section 4836 words
- 37. Amendment of Act 18 of 1958668 words
- 32. Amendment of section 5496 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.