The Finance Act, 1980
An Act to give effect to the financial proposals of the Central Government for the financial year 1980-1981.
Administered by. Ministry of Finance, Department of Revenue · Other Acts of 1980
What this Act covers
The Finance Act for 1980. 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. 47 sections.
- 1Short title and commencement
- 2Income-tax
- 3Amendment of section 2
- 4Amendment of section 10
- 5Amendment of section 16
- 6Amendment of section 32
- 7Amendment of section 35
- 8Amendment of section 35B
- 9Amendment of Section 36
- 10Amendment of section 37
- 11Amendment of section 41
- 12Insertion of new sections 80AAand 80 AB
- 13Amendment of section 80C
- 14Omission of section 80FF
- 15Amendment of section 80G
- 16Insertion of new section 89-I
- 17Amendment of section 80J
- 18Amendment of section 80JJ
- 19Amendment of section 80L
- 20Amendment of section 80RR
- 21Amendment of section 80T
- 22Amendment of section 80TT
- 23Amendment of section 80U
- 24Amendment of section 139
- 25Amendment of section 143
- 26Amendment of section 155
- 27Amendment of section 164
- 28Amendment of section 171
- 29Amendment of section 208
- 30Amendment of section 209A
- 31Amendment of section 212
- 32Amendment of section 215
- 33Amendment of section 273
- 34Amendment of Fourth Schedule
- 35Consequential amendments to certain sections
- 36Amendment of section 2
- 37Amendment of section 5
- 38Amendment of section 7
- 39Insertion of new section 20A
- 40Amendment of section 21
- 41Amendment of Schedule I
- 42Amendment of Act 18 of 1958
- 43Amendment of Act 4b of 1974
- 44Saving in certain cases
- 53Amendment of Act 38 of 1974
- 54Repeal
- First ScheduleFirst Schedule
Related Acts
- The Hotel-Receipts Tax Act, 198037 sections
- The Banking Companies (Acquisition and Transfer of Undertakings) Act, 198029 sections
- The National Bank for Agriculture and Rural Development Act, 198169 sections
- The Finance Act, 198147 sections
- The Export-Import Bank of India Act, 198141 sections
- The Finance Act, 197929 sections
- The Union Duties of Excise (Distribution) Act, 19796 sections
- The Chit Funds Act, 198290 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 47 sections of this Act has its own page. This page is not a substitute for legal advice.