Amendment of section 80L
Section 19 of the Finance Act, 1980 deals with amendment of section 80L. Amendment of section 80L 19. In section 80L of the Income-tax Act, in sub-section (1), for clause (vii), the following clause shall be substituted with effect from the 1st day of April, 1981, namely:- (vii) interest on deposits with a financial corporation which is engaged in providing long-term.
Amendment of section 80L
19. In section 80L of the Income-tax Act, in sub-section (1), for clause (vii), the following clause shall be substituted with effect from the 1st day of April, 1981, namely:-
(vii) interest on deposits with a financial corporation which is engaged in providing long-term. finance for industrial development in India or with a public company, formed and registered in India with the main object of carrying on the business of providing long-term finance for construction or purchase of houses in India for resi dential purposes:
Provided that the corporation or, as the case may be, the company is for the time being approved by the Central Government for the purposes of clause (viii) of sub-section (1) of section 36;".
[Finance (No.
2) Act, 1980]
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Section 19, The Finance Act, 1980 (Act 44 of 1980).
Cross-references
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Questions about Section 19
What does Section 19 of the Finance Act deal with?
Section 19 of the Finance Act is headed "Amendment of section 80L". Amendment of section 80L 19. In section 80L of the Income-tax Act, in sub-section (1), for clause (vii), the following clause shall be substituted with effect from the 1st day of April, 1981, namely:- (vii) interest on deposits with a financial corporation which is engaged in providing long-term.
How do I find court cases under Section 19 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 1980 19, section 19 Finance Act 1980, section 19 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 19 of the Finance Act, and has it changed?
Its own text turns on section 36 (Amendment of section 2), so none of them can safely be read on its own.
When was the Finance Act enacted?
Finance Act was enacted in 1980 as Act 44 of 1980. India Code records no commencement date for it. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. First Schedule7354 words
- 2. Income-tax1893 words
- 16. Insertion of new section 89-I1730 words
- 53. Amendment of Act 38 of 19741179 words
- 27. Amendment of section 164789 words
- 17. Amendment of section 80J780 words
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