Consequential amendments to certain sections

Section 29 of the Finance Act, 1977 deals with consequential amendments to certain sections. Consequential amendments to certain sections 29. The Act was enacted on 06 Aug 1977.

Consequential amendments to certain sections

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

(a) in section 44D, in the Explanation,—

(i) in clause (a), for the words, brackets and figures "the Explanation to clause (vii) of sub-section (1) of section 9", the words, figures and brackets "Explanation 2 to clause (vii) of subsection (1) of section 9" shall be substituted;

(ii) in clause (c), for the words, brackets and figures "the Explanation to clause (vi) of sub-section (1) of section 9", the words, figures and brackets "Explanation 2 to clause (vi) of sub-section (1) of section 9" shall be substituted;

(b) in section 115A, in the Explanation below sub-section (1),—

(i) in clause (a), for the words, brackets and figures "the Explanation to clause (vii) of sub-section (1) of section 9", the words, figures and brackets "Explanation 2 to clause (vii) of sub-section (1) of section 9" shall be substituted;

(ii) in clause (c), for the words, brackets and figures "the Explanation to clause (vi) of sub-section (1) of section 9", the words, figures and brackets, "Explanation 2 to clause (vi) of subsection (1) of section 9" shall be substituted.

(2) The following amendments (being amendments of a consequential nature) shall be made in the Income-tax Act with effect from the 1st day of April, 1978, namely:—

(a) in section 45, for the figures, letters and word "54B and 54D", the figures, letters and word "54B, 54D and 54E" shall be substituted;

(b) in sub-section (3) of section 80A, after the word, figures and letters "section 80HH", the words, figures and letters "or section 80HHA" shall be inserted;

(c) in section 80J, after the word, figures and letter's "section 80HH", at both the places where they occur, the words, figures and letters "or section 80HHA" shall be inserted;

(d) in sub-section (3) of section 80P,—

(i) for the words, figures and letters "section 80HH or section 80J", the words, figures and letters "section 80HH or section 80HHA or section 80J" shall be substituted;

(ii) for the words, figures and letters "section 80HH, section 80J", the words, figures and letters "section 80HH, section 80HHA, section 80J" shall be substituted;

(e) in sub-section (2) of section 80QQ,—

(i) for the words, figures and letters "section 80HH or section 80J", the words, figures and letters "section 80HH or section 80HHA or section 80J" shall be substituted;

(ii) for the words, figures and letters "section 80HH, section 80J", the words, figures and letters "section 80HH, section 80HHA, section 80J" shall be substituted;

(f) in the Ninth Schedule, for the brackets, words, figures and letters "[See section 32(1) (vi) and section 32A(2) (b) (ii)]", the brackets, words, figures and letters "[See section 32(1) (vi) and section 80M(1)(a)(i)]" shall be substituted.

[Finance (No.

2) Act, 1977]

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Section 29, The Finance Act, 1977 (Act 11 of 1977).