# The Finance Act, 1980, Section 41: Amendment of Schedule I

- Act: The Finance Act, 1980 (Act 44 of 1980)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1980/section/41/

## Text

Amendment of Schedule I 41. In the Wealth-tax Act, in Part I of Schedule I,— (a) in item (1), in the proviso, for the letters and figures "Rs. 1,00,000", at both the places where they occur, the letters and figures "Rs, 1,50,000" shall be substituted'; (b) in item (2) — (i) in the opening portion, for the words, letters and figures " assessment year exceeds Rs. 1,00,000", the words, letters and figures "assessment year exceeds Rs. 1,50,000" shall be substituted; (ii) in the proviso, for the letters and figures "Rs. 1,00,000", at both the places where they occur, the letters and figures "Rs.1,50,000" shall be substituted. [Finance (No. 2) Act, 1980] © Copyright. Taxmann Publications Pvt. Ltd.

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