Amendment of section 50
Section 12 of the Finance Act, 1977 deals with amendment of section 50. Amendment of section 50 12. In section 50 of the Income-tax Act, in clause (2), for the figures, letters and words "1st day of January, ", the figures, letters and words "1st day of January, " shall be substituted with effect from the 1st day of April, 1978. The Act was enacted on 06 Aug 1977.
Amendment of section 50
12. In section 50 of the Income-tax Act, in clause (2), for the figures, letters and words "1st day of January, 1954", the figures, letters and words "1st day of January, 1964" shall be substituted with effect from the 1st day of April, 1978.
[Finance (No.
2) Act, 1977]
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Section 12, The Finance Act, 1977 (Act 11 of 1977).
Cross-references
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Questions about Section 12
What does Section 12 of the Finance Act deal with?
Section 12 of the Finance Act is headed "Amendment of section 50". Amendment of section 50 12. In section 50 of the Income-tax Act, in clause (2), for the figures, letters and words "1st day of January, ", the figures, letters and words "1st day of January, " shall be substituted with effect from the 1st day of April, 1978.
How do I find court cases under Section 12 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 1977 12, section 12 Finance Act 1977, section 12 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 12 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 50 (Special provision for computation of capital gains in case of depreciable assets), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.
When was Section 12 of the Finance Act enacted?
Section 12 of the Finance Act, cited as Finance Act 1977 12, was enacted on 06 Aug 1977 as Act 11 of 1977. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. First Schedule6584 words
- Fifth Schedule. Fifth Schedule3796 words
- 2. Income-tax1831 words
- 18. Insertion of new section 80HHA832 words
- 38. Amendment of Act 8 of 1976797 words
- 9. Amendment of section 32A676 words
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