Amendment of section 58

Q: When was Section 14 of the Finance Act enacted?

Section 14 of the Finance Act, cited as Finance Act 1976 14, 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 14 Oct 2026

Act 66 of 1976 Ministry Finance Enacted 27 May 1976

Section 14 of the Finance Act, 1976 deals with amendment of section 58. Amendment of section 58 14. In section 58 of the Income-tax Act, after sub-section (2), the following sub-section shall be inserted, with effect from the 1st day of June, 1976, namely: — '(3) In the case of an assessee, being a foreign company, the provisions of section 44D shall, so far as may be, The Act was enacted on 27 May 1976.

Amendment of section 58
14. In section 58 of the Income-tax Act, after sub-section (2), the following sub-section shall be inserted, with effect from the 1st day of June, 1976, namely: —
'(3) In the case of an assessee, being a foreign company, the provisions of section 44D shall, so far as may be, apply in computing the income chargeable under the head "Income from other sources" as they apply in computing the income chargeable under the head "Profits and gains of business or profession".'.
[Finance Act, 1976]
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Section 14, 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. 58 Amounts not deductible

Questions about Section 14

What does Section 14 of the Finance Act deal with?

Section 14 of the Finance Act is headed "Amendment of section 58". Amendment of section 58 14. In section 58 of the Income-tax Act, after sub-section (2), the following sub-section shall be inserted, with effect from the 1st day of June, 1976, namely: — '(3) In the case of an assessee, being a foreign company, the provisions of section 44D shall, so far as may be,

How do I find court cases under Section 14 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 14, section 14 Finance Act 1976, section 14 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 14 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 58 (Amounts not deductible), so none of them can safely be read on its own.

When was Section 14 of the Finance Act enacted?

Section 14 of the Finance Act, cited as Finance Act 1976 14, 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.