Section10
The Finance Act, 1983

Amendment of section 32

In force Act 11 of 1983 As on 17 Oct 2026

Act 11 of 1983 Ministry Finance Enacted 13 May 1983 Cited by 3 provisions

Section 10 of the Finance Act, 1983 deals with amendment of section 32. 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; The Act was enacted on 13 May 1983.

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]

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Section 10, The Finance Act, 1983 (Act 11 of 1983).

Cross-references

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

Questions about Section 10

What does Section 10 of the Finance Act deal with?

Section 10 of the Finance Act is headed "Amendment of section 32". 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;

How do I find court cases under Section 10 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 1983 10, section 10 Finance Act 1983, section 10 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 10 of the Finance Act, and has it changed?

Its own text turns on section 32 (Insertion of new Chapter VIB), Income-tax Act 32 (Depreciation), so none of them can safely be read on its own. 3 other provisions in this corpus refer back to it.

When was Section 10 of the Finance Act enacted?

Section 10 of the Finance Act, cited as Finance Act 1983 10, was enacted on 13 May 1983 as Act 11 of 1983. 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.