# The Finance Act, 1972, Section 59: Certain casual and non-recurring receipts not to be included in the total income for the assessment year 1972-73

- Act: The Finance Act, 1972 (Act 16 of 1972)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1972/section/59/

## Text

Miscellaneous Certain casual and non-recurring receipts not to be included in the total income for the assessment year 1972-73. 59. Notwithstanding the amendments made by this Act to the Income-tax Act, in computing, in the case of any person, the total income of a previous year relevant to the assessment year commencing on the 1st day of April, 1972, any income falling within clause (3) of section 10 of the Income-tax Act as it stood immediately before the 1st day of April, 1972, shall, not be included. [Finance Act, 1972] © Copyright. Taxmann Publications Pvt. Ltd.

---
Published by eCourtsIndia together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957.