Amendment of section 57

Q: When was Section 13 of the Finance Act enacted?

Section 13 of the Finance Act, cited as Finance Act 1976 13, was enacted on 27 May 1976 as Act 66 of 1976. It is in force as at the date shown on this page.

In force Act 66 of 1976 As on 13 Oct 2026

Act 66 of 1976 Ministry Finance Enacted 27 May 1976 Cited by 1 provision

Section 13 of the Finance Act, 1976 deals with amendment of section 57. Amendment of section 57 13. In section 57 of the Income-tax Act, the following proviso and Explanation shall be inserted at the end, with effect from the 1st day of June, 1976, namely: — 'Provided that nothing contained in clause (i) or clause (iii) shall apply in computing the income by way of divi The Act was enacted on 27 May 1976.

Amendment of section 57
13. In section 57 of the Income-tax Act, the following proviso and Explanation shall be inserted at the end, with effect from the 1st day of June, 1976, namely: —
'Provided that nothing contained in clause (i) or clause (iii) shall apply in computing the income by way of dividends in the case of an assessee, being a foreign company.
Explanation,- For the purposes of this section and section 58, "foreign company "shall have the same meaning as in section 80B.'.
[Finance Act, 1976]
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Section 13, The Finance Act, 1976 (Act 66 of 1976).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

Income-tax Act s. 57 Deductions

Referred to by 1

s. 6 Amendment of section 13

Questions about Section 13

What does Section 13 of the Finance Act deal with?

Section 13 of the Finance Act is headed "Amendment of section 57". Amendment of section 57 13. In section 57 of the Income-tax Act, the following proviso and Explanation shall be inserted at the end, with effect from the 1st day of June, 1976, namely: — 'Provided that nothing contained in clause (i) or clause (iii) shall apply in computing the income by way of divi

How do I find court cases under Section 13 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 1976 13, section 13 Finance Act 1976, section 13 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 13 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 57 (Deductions), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was Section 13 of the Finance Act enacted?

Section 13 of the Finance Act, cited as Finance Act 1976 13, was enacted on 27 May 1976 as Act 66 of 1976. It is in force as at the date shown on this page.

Other sections of this Act

First Schedule. First Schedule6272 words
8. Insertion of new section 32A2421 words
3. Amendment of section 21970 words
2. Income-tax1970 words
27. Amendment of Act 27 of 19571829 words
10. Insertion of new sections 44C and 44D1093 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.