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Section5
The Finance Act, 1982

Amendment of section 13

In force Act 14 of 1982 As on 17 Oct 2026

Act 14 of 1982 Ministry Finance Cited by 2 provisions

Section 5 of the Finance Act, 1982 deals with amendment of section 13. Amendment of section 13. 5. In section 13 of the Income-tax Act,— (a) in sub-section (2), in clause (d),— (i) for the figures, letters and words "1st day of April, ", the figures, letters and words "1st day of April, " shall be substituted;

Amendment of section 13.

5. In section 13 of the Income-tax Act,—

(a) in sub-section (2), in clause (d),—

(i) for the figures, letters and words "1st day of April, 1982", the figures, letters and words "1st day of April, 1985" shall be substituted;

(ii) for the figures, letters and words "1st day of April, 1981", the figures, letters and words "1st day of April, 198"2" shall De substituted;

(b) in sub-section (5),—

(i) in clause (a), after sub-clause (i), the following sub-clause shall be inserted, namely: —

' (ia) investment in immovable property.

Explanation.—"Immovable property" does not include any machinery or plant even though attached to, or permanently fastened to anything attached to, the earth;';

(ii) in clause (c), after the word, brackets and figure "sub-clause (i),", the words, brackets, figure and letter "sub-clause (ia)," shall be inserted.

[Finance Act, 1982]

© Copyright. Taxmann Publications Pvt. Ltd.

Section 5, The Finance Act, 1982 (Act 14 of 1982).

Cross-references

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

This section refers to

  1. s. 13 Amendment of section 80 C
  2. Income-tax Act s. 13 Section 11 not to apply in certain cases

Referred to by 2

  1. s. 34 Amendment of section 5
  2. s. 38 Amendment of section 5

Questions about Section 5

What does Section 5 of the Finance Act deal with?

Section 5 of the Finance Act is headed "Amendment of section 13". Amendment of section 13. 5. In section 13 of the Income-tax Act,— (a) in sub-section (2), in clause (d),— (i) for the figures, letters and words "1st day of April, ", the figures, letters and words "1st day of April, " shall be substituted;

How do I find court cases under Section 5 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 1982 5, section 5 Finance Act 1982, section 5 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 5 of the Finance Act, and has it changed?

Its own text turns on section 13 (Amendment of section 80 C), Income-tax Act 13 (Section 11 not to apply in certain cases), so none of them can safely be read on its own. 2 other provisions in this corpus refer back to it.

When was the Finance Act enacted?

Finance Act was enacted in 1982 as Act 14 of 1982. 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.