Consequential amendments to certain sections

Section 26 of the Finance Act, 1976 deals with consequential amendments to certain sections. Consequential amendments to certain sections 26. The Act was enacted on 27 May 1976.

Consequential amendments to certain sections

26. The following amendments (being amendments of a consequential nature) shall be made in the Income-tax Act, namely: —

(a) in section 45, the figures and letter ", 54C "shall be omitted;

(b) in clause (iv) of sub-section (2) of section 141A, for the words, brackets and figures "the deduction referred to in clause (ii) of sub-section (2) of section 33", the words, brackets, figures and letter "the deduction referred to in clause (ii) of sub-section (3) of section 32A or clause (ii) of sub-section (2) of section 33 "shall be substituted;

(c) in sub-clause (iv) of clause (b) of sub-section (1) of section 143, for the words, brackets and figures "the deduction referred to in clause (ii) of sub-section (2) of section 33 "the words, brackets, figures and letter "the deduction referred to in clause (ii) of sub section (3) of section 32A or clause (ii) of sub-section (2) of section 33 "shall be substituted;

(d) in clause (i) of sub-section (1) of section 160, the words, brackets and figure "clause (i) of "shall be omitted with effect from the 1st day of June, 1976;

(e) in the Ninth Schedule, for the brackets, words and figures [See section 32(1)(vi)]", the brackets, Words, figures and letters "[See section 32(1)(vi) and section 32A(2)(b)(ii)] "shall be substituted.

[Finance Act, 1976]

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Section 26, The Finance Act, 1976 (Act 66 of 1976).