Act11
Enacted 1983

The Finance Act, 1983

In force 44 sections Finance

An Act to give effect to the financial proposals of the Central Government for the financial year 1983-1984.

Act 11 of 1983 Enacted 13 May 1983 Department Department of Revenue

Administered by. Ministry of Finance, Department of Revenue · Other Acts of 1983

What this Act covers

The Finance Act for 1983. Its First Schedule carries the rates of income-tax for the year; the rest amends the Income-tax Act and the other fiscal statutes. The rate of tax for a year is fixed here and not in the Income-tax Act.

Sections

Type to filter. 44 sections.

  1. 1Short title and commencement
  2. 2Income-tax
  3. 3Amendment of section 2
  4. 4Amendment of section 9
  5. 5Amendment of section 10
  6. 6Amendment of section 11
  7. 7Amendment of section 13
  8. 8Amendment of section 16
  9. 9Amendment of section 24
  10. 10Amendment of section 32
  11. 11Amendment of section 32A
  12. 12Amendment of section 35
  13. 13Amendment of section 35B
  14. 14Amendment of section 35C
  15. 15Amendment of section 35CC
  16. 16Amendment of section 35CCA
  17. 17Amendment of section 37
  18. 18Insertion of new section 43B
  19. 19Amendment of section 44D
  20. 20Amendment of section 54E
  21. 21Amendment of section 80C
  22. 22Amendment of section 80GG
  23. 23Amendment of section 80 GGA
  24. 24Insertion of new section 80HHC
  25. 25Amendment of section 80-I
  26. 26Amendment of section 80JJ
  27. 27Amendment of section 80JJA
  28. 28Amendment of section 80L
  29. 29Omission of section 80MM
  30. 30Amendment of section 80P
  31. 31Amendment of section 80R
  32. 32Insertion of new Chapter VIB
  33. 33Omission of section 89A
  34. 34Amendment of section 109
  35. 35Amendment of section 115A
  36. 36Insertion of new Chapter XII-A
  37. 37Amendment of section 164
  38. 38Amendment of section 280ZA
  39. 39Consequential amendments to certain sections
  40. 40Revival of levy of wealth-tax in the case of closely-held companies
  41. 41Amendment of section 5
  42. 42Amendment of section 5
  43. 43Amendment of section 4
  44. First ScheduleFirst Schedule

Related Acts

Provenance. 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.

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. Every one of the 44 sections of this Act has its own page. This page is not a substitute for legal advice.