Section31
The Finance Act, 1981

Amendment of section 41

In force Act 16 of 1981 As on 18 Oct 2026

Act 16 of 1981 Ministry Finance Cited by 1 provision

Section 31 of the Finance Act, 1981 deals with amendment of section 41. Amendment of section 41. 31. In section 41 of the Wealth-tax Act, after sub-section (5), the following sub-section shall be inserted, namely:— "(4) Where an association of persons referred to in section 21AA is dissolved, notices under this Act in respect of any matter relating to the association ma

Amendment of section 41.

31. In section 41 of the Wealth-tax Act, after sub-section (5), the following sub-section shall be inserted, namely:—

"(4) Where an association of persons referred to in section 21AA is dissolved, notices under this Act in respect of any matter relating to the association may be served on any person who was a member of the association "immediately before its dissolution.".

[Finance Act, 1981]

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Section 31, The Finance Act, 1981 (Act 16 of 1981).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

Questions about Section 31

What does Section 31 of the Finance Act deal with?

Section 31 of the Finance Act is headed "Amendment of section 41". Amendment of section 41. 31. In section 41 of the Wealth-tax Act, after sub-section (5), the following sub-section shall be inserted, namely:— "(4) Where an association of persons referred to in section 21AA is dissolved, notices under this Act in respect of any matter relating to the association ma

How do I find court cases under Section 31 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 1981 31, section 31 Finance Act 1981, section 31 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 31 of the Finance Act, and has it changed?

Its own text turns on section 41 (Amendment of section 18), Wealth-tax Act 41 (Service of notice), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was the Finance Act enacted?

Finance Act was enacted in 1981 as Act 16 of 1981. 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

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. 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. This page is not a substitute for legal advice.