Amendment of section 80G
Section 17 of the Finance Act, 1976 deals with amendment of section 80G. Amendment of section 80G 17. In section 80G of the Income-tax Act,— (a) for sub-section (1), the following sub-section shall be substituted with effect from the 1st day of April, 1977, namely: — "(1) In computing the total income of an assessee, there shall be deducted, in accordance with and subjec The Act was enacted on 27 May 1976.
Amendment of section 80G
17. In section 80G of the Income-tax Act,—
(a) for sub-section (1), the following sub-section shall be substituted with effect from the 1st day of April, 1977, namely: —
"(1) In computing the total income of an assessee, there shall be deducted, in accordance with and subject to the provisions of this section,—
(i) in a case where the aggregate of the sums specified in sub-section (2) includes any sum specified in sub-clause (vii) of clause (a) thereof, an amount equal to, the whole of such sum plus fifty per cent of the balance of such aggregate; and
(ii) in any other case, an amount equal to fifty per cent of the aggregate of the sums specified in sub-section (2).";
(b) in clause (a) of sub-section (2), with effect from the 1st day of April, 1977,—
(i) in sub-clause (v), for the words "for any charitable purpose;", the words "for any charitable purpose other than the purpose of promoting family planning; or "shall be substituted;
(ii) after sub-clause (v), the following sub-clauses shall be inserted, namely: —
"(vi) any authority referred to in clause (20A) of section 10; or (vii) the Government or to any such local authority, institution or association as may be approved in this behalf by the Central Government, to be utilised for the purpose of promoting family planning;";
(c) in sub-section (4), for the words, brackets and figures "subclauses (iv) and (v)", the words, brackets and figures "sub-clauses (iv). (v), (vi) and (vii)" shall be substituted with effect from the 1st day of April, 1977;
(d) after Explanation 4, the following Explanation shall be inserted, namely: —
"Explanation 5.—For the removal of doubts, it is hereby declared that no deduction shall be allowed under this section in respect of any donation unless such donation is of a sum of money.".
[Finance Act, 1976]
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Section 17, 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.
Questions about Section 17
What does Section 17 of the Finance Act deal with?
Section 17 of the Finance Act is headed "Amendment of section 80G". Amendment of section 80G 17. In section 80G of the Income-tax Act,— (a) for sub-section (1), the following sub-section shall be substituted with effect from the 1st day of April, 1977, namely: — "(1) In computing the total income of an assessee, there shall be deducted, in accordance with and subjec
How do I find court cases under Section 17 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 17, section 17 Finance Act 1976, section 17 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 17 of the Finance Act, and has it changed?
Its own text turns on section 10 (Insertion of new sections 44C and 44D), Income-tax Act 80G (Deduction in respect of donations to certain funds, charitable institutions, etc), so none of them can safely be read on its own.
When was Section 17 of the Finance Act enacted?
Section 17 of the Finance Act, cited as Finance Act 1976 17, 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
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