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Section20
The Finance Act, 1972

Amendment of section 80L

In force Act 16 of 1972 As on 16 Oct 2026

Act 16 of 1972 Ministry Finance Enacted 28 May 1972

Section 20 of the Finance Act, 1972 deals with amendment of section 80L. Amendment of section 80L. 20. In section 80L of the Income-tax Act, in sub-section (1), with effect from the 1st day of April, 1973,— (a) in clause (vii), the word "or" at the end shall be omitted; The Act was enacted on 28 May 1972.

Amendment of section 80L.

20. In section 80L of the Income-tax Act, in sub-section (1), with effect from the 1st day of April, 1973,—

(a) in clause (vii), the word "or" at the end shall be omitted;

(b) in clause (viii), for the words "member of the society,", the words "member, of the society; or " shall be substituted;

(c) after clause (viii), the following clause shall be inserted, namely:—

"(ix) dividends from any co-operative society;'.

[Finance Act, 1972]

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Section 20, The Finance Act, 1972 (Act 16 of 1972).

Questions about Section 20

What does Section 20 of the Finance Act deal with?

Section 20 of the Finance Act is headed "Amendment of section 80L". Amendment of section 80L. 20. In section 80L of the Income-tax Act, in sub-section (1), with effect from the 1st day of April, 1973,— (a) in clause (vii), the word "or" at the end shall be omitted;

How do I find court cases under Section 20 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 1972 20, section 20 Finance Act 1972, section 20 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

When was Section 20 of the Finance Act enacted?

Section 20 of the Finance Act, cited as Finance Act 1972 20, was enacted on 28 May 1972 as Act 16 of 1972. 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.