An Act to give effect to the financial proposals of the Central Government for the financial year 1979-1980.

Act 21 of 1979 Enacted 10 May 1979 Department Department of Revenue

Administered by. Ministry of Finance, Department of Revenue · Other Acts of 1979

What this Act covers

The Finance Act for 1979. Its First Schedule carries the rates of income-tax for the year; the rest amends the Income-tax Act and the other fiscal statutes. The rate of tax for a year is fixed here and not in the Income-tax Act.

Sections

Type to filter. 29 sections.

1. 1Short title and commencement
2. 2Income-tax
3. 3Amendment of section 10
4. 4Amendment of section 35B
5. 5Amendment of section 35CCA
6. 6Amendment of section 36
7. 7Amendment of section 37
8. 8Amendment of section 54E
9. 9Amendment of section 64
10. 10Amendment of section 80C
11. 11Insertion of new section 80GGA
12. 12Amendment of section 80J
13. 13Insertion of new section 80JJA
14. 14Amendment of section 80P
15. 15Insertion of new section 80QQA
16. 16Amendment of section 208
17. 17Amendment of section 209A
18. 18Amendment of section 212
19. 19Amendment of section 218
20. 20Amendment of section 245D
21. 21Amendment of section 246
22. 22Consequential amendments to certain sections
23. 23Amendment of section 4
24. 24Amendment of section 22D
25. 25Amendment of section 23
26. 26Amendment of Schedule I
27. 27Amendment of Act 18 of 1958
28. 46Amendment of Act 38 of 1974
29. First ScheduleFirst Schedule

Related Acts

• The Union Duties of Excise (Distribution) Act, 19796 sections
• The Finance Act, 198047 sections
• The Hotel-Receipts Tax Act, 198037 sections
• The Finance Act, 197835 sections
• The Banking Companies (Acquisition and Transfer of Undertakings) Act, 198029 sections
• The Prize Chits and Money Circulation Schemes (Banning) Act, 197814 sections
• The Interest Act, 19786 sections
• The National Bank for Agriculture and Rural Development Act, 198169 sections

Provenance. 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.

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. Every one of the 29 sections of this Act has its own page. This page is not a substitute for legal advice.