Insertion of new section 80JJA
Section 13 of the Finance Act, 1979 deals with insertion of new section 80JJA. Insertion of new section 80JJA. 13. In the Income-tax Act, after section 80JJ, the following section shall be inserted with effect from the 1st day of April, 1980, namely :— " 80JJA. The Act was enacted on 10 May 1979.
Insertion of new section 80JJA.
13. In the Income-tax Act, after section 80JJ, the following section shall be inserted with effect from the 1st day of April, 1980, namely :—
" 80JJA. Deduction in respect of profits and gains from business of growing mushrooms.—Where the gross total income of an assessee includes any profits and gains derived from a business of growing mushrooms, not being profits and gains that are in the nature of agricultural income, there shall be allowed, in computing the total income of the assessee, a deduction from such profits and gains of an amount equal to one-third of such profits and gains or ten thousand rupees, whichever is less. ".
[Finance Act, 1979]
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Section 13, The Finance Act, 1979 (Act 21 of 1979).
Questions about Section 13
What does Section 13 of the Finance Act deal with?
Section 13 of the Finance Act is headed "Insertion of new section 80JJA". Insertion of new section 80JJA. 13. In the Income-tax Act, after section 80JJ, the following section shall be inserted with effect from the 1st day of April, 1980, namely :— " 80JJA.
How do I find court cases under Section 13 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 1979 13, section 13 Finance Act 1979, section 13 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When was Section 13 of the Finance Act enacted?
Section 13 of the Finance Act, cited as Finance Act 1979 13, was enacted on 10 May 1979 as Act 21 of 1979. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. First Schedule7215 words
- 2. Income-tax1924 words
- 8. Amendment of section 54E812 words
- 26. Amendment of Schedule I446 words
- 3. Amendment of section 10434 words
- 6. Amendment of section 36419 words
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