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Section86
The Finance Act, 1987

Amendment of section 22K

In force Act 11 of 1987 As on 17 Oct 2026

Act 11 of 1987 Ministry Finance

Section 86 of the Finance Act, 1987 deals with amendment of section 22K. Amendment of section 22K 86. In section 22 K of the Wealth-tax Act, with effect from the 1st day of June, 1987,— (a) at the end of clause (ii), the word "or" shall be inserted;

Amendment of section 22K

86. In section 22 K of the Wealth-tax Act, with effect from the 1st day of June, 1987,—

(a) at the end of clause (ii), the word "or" shall be inserted;

(b) after clause (ii), the following clause shall be inserted, namely: —

"(iii) the case of any such person is sent back to the Wealthtax Officer by the Settlement Commission under section 22HA,".

[Finance Act, 1987]

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Section 86, 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.

This section refers to

  1. s. 22 Amendment of section 54E

Questions about Section 86

What does Section 86 of the Finance Act deal with?

Section 86 of the Finance Act is headed "Amendment of section 22K". Amendment of section 22K 86. In section 22 K of the Wealth-tax Act, with effect from the 1st day of June, 1987,— (a) at the end of clause (ii), the word "or" shall be inserted;

How do I find court cases under Section 86 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 86, section 86 Finance Act 1987, section 86 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 86 of the Finance Act, and has it changed?

Its own text turns on section 22 (Amendment of section 54E), so none of them can safely be read on its own.

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.