# The Finance Act, 1987, Section 27: Amendment of section 57

- Act: The Finance Act, 1987 (Act 11 of 1987)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1987/section/27/

## Text

Amendment of section 57 27. In section 57 of the Income-tax Act, after clause (i), the following clause shall be inserted with effect from the 1st day April, 1988, namely:- '(ia)in the case of income of the nature referred to in sub-clause (x) of clause (24)of section 2 which is chargeable to income-tax under the head "Income from other sources", deductions, so far as may be, in accordance with the provisions of clause (va) of sub-section (1) of section 36';'. [Finance Act, 1987] © Copyright. Taxmann Publications Pvt. Ltd.

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