Section71
The Finance Act, 1987

Omission of sections 285 and 286

In force Act 11 of 1987 As on 17 Oct 2026

Act 11 of 1987 Ministry Finance Cited by 2 provisions

Section 71 of the Finance Act, 1987 deals with omission of sections 285 and 286. Omission of sections 285 and 286 71. Sections 285 and 286 of the Income-tax Act shall be omitted with effect from the 1st day of June, 1987.

Omission of sections 285 and 286

71. Sections 285 and 286 of the Income-tax Act shall be omitted with effect from the 1st day of June, 1987.

[Finance Act, 1987]

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Section 71, The Finance Act, 1987 (Act 11 of 1987).

Cross-references

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

Questions about Section 71

What does Section 71 of the Finance Act deal with?

Section 71 of the Finance Act is headed "Omission of sections 285 and 286". Omission of sections 285 and 286 71. Sections 285 and 286 of the Income-tax Act shall be omitted with effect from the 1st day of June, 1987.

How do I find court cases under Section 71 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 1987 71, section 71 Finance Act 1987, section 71 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 71 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 285 (Submission of statement by a non-resident having liaison office), Income-tax Act 286 (Furnishing of report in respect of international group), so none of them can safely be read on its own. 2 other provisions in this corpus refer back to it.

When was the Finance Act enacted?

Finance Act was enacted in 1987 as Act 11 of 1987. 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

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.