Amendment of section 80HHA
Section 18 of the Finance Act, 1986 deals with amendment of section 80HHA. Amendment of section 80HHA. 18. In section 80HHA of the Income-tax Act, in clause (b) of the Amend-Explanation below sub-section (8), for sub-clauses (1) and (2), the following sub-clauses shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 1985,
Amendment of section 80HHA.
18. In section 80HHA of the Income-tax Act, in clause (b) of the Amend-Explanation below sub-section (8), for sub-clauses (1) and (2), the following sub-clauses shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 1985, namely:—
"(1) in a case where the previous year ends before the 1st day of August, 1980, ten lakh rupees;
(2) in a case where the previous year ends after the 31st day of July, 1980 but before the 18th day of March, 1985, twenty lakh rupees; and
(3) in a case where the previous year ends after the 17th day of March, 1985, thirty-five lakh rupees,".
[Finance Act, 1986]
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Section 18, The Finance Act, 1986 (Act 23 of 1986).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 18
What does Section 18 of the Finance Act deal with?
Section 18 of the Finance Act is headed "Amendment of section 80HHA". Amendment of section 80HHA. 18. In section 80HHA of the Income-tax Act, in clause (b) of the Amend-Explanation below sub-section (8), for sub-clauses (1) and (2), the following sub-clauses shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 1985,
How do I find court cases under Section 18 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 1986 18, section 18 Finance Act 1986, section 18 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 18 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 80HHA (Deduction in respect of profits and gains from newly established small-scale industrial undertakings in certain areas), 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 1986 as Act 23 of 1986. 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
- First Schedule. First Schedule6118 words
- 34. Insertion of new Chapter XXC4226 words
- 2. Income-tax1794 words
- 8. Insertion of new section 32AB1467 words
- 5. Amendment of section 2538 words
- 40. Amendment of Act 27 of 1957366 words
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.