# The Finance Act, 1983, Section 10: Amendment of section 32

- Act: The Finance Act, 1983 (Act 11 of 1983)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1983/section/10/

## Text

Amendment of section 32 10. In section 32 of the Income-tax Act, in sub-section (1), with effect from the 1st day of April, 1984,-— (a) in clause (ii), in the first proviso, for the words "seven hundred and fifty rupees", the words "five thousand rupees" shall be substituted; (b) in clause (iv), the words, brackets and figures "but any such sum shall not be deductible in determining the written down value for the purposes of clause (ii) of sub-section (1);" shall be omitted; (c) in clause (v), the words, brackets and figures "but any such sum shall not be deductible in determining the written down value for the purposes of clause (ii);" shall be omitted. [Finance Act, 1983] © Copyright. Taxmann Publications Pvt. Ltd.

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