# The Finance Act, 1980, Section 33: Amendment of section 273

- Act: The Finance Act, 1980 (Act 44 of 1980)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1980/section/33/

## Text

Amendment of section 273 33. In section 273 of the Income-tax Act, with effect from the 1st day of September, 1980,— (i) in sub-section (1), the following proviso shall be inserted, namely: — 'Provided that in the case of an assessee, being a company, the provisions of this sub-section shall have effect as if for the words "seventy-five per cent", at both the places where they occur, the words "eighty-three and one-third per cent." had been substituted.'; (ii) in sub-section (2), before the Explanation, the following proviso shall be inserted namely: — 'Provided that in the case of an assessee, being a company, the provisions of this sub-section shall have effect as if for the words "seventy-five per cent.", wherever they occur, the words "eighty-three and one-third per cent," had been substituted.'. [Finance (No. 2) Act, 1980] © Copyright. Taxmann Publications Pvt. Ltd.

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