Amendment of section 58

In force Act 26 of 1988 As on 15 Oct 2026

Act 26 of 1988 Ministry Finance

Section 20 of the Finance Act, 1988 deals with amendment of section 58. Amendment of section 58 20. In section 58 of the Income-tax Act, in sub-section (1), with effect from the 1st day of April, 1989,— (a) in clause (a), in sub-clause (ii), the words and figures "and in respect of which there is no person in India who may be treated as an agent under section " shall be

Amendment of section 58
20. In section 58 of the Income-tax Act, in sub-section (1), with effect from the 1st day of April, 1989,—
(a) in clause (a), in sub-clause (ii), the words and figures "and in respect of which there is no person in India who may be treated as an agent under section 163" shall be omitted;
(b) clause (b) shall be omitted.
[Finance Act, 1988]
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Section 20, The Finance Act, 1988 (Act 26 of 1988).

Cross-references

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

This section refers to

Questions about Section 20

What does Section 20 of the Finance Act deal with?

Section 20 of the Finance Act is headed "Amendment of section 58". Amendment of section 58 20. In section 58 of the Income-tax Act, in sub-section (1), with effect from the 1st day of April, 1989,— (a) in clause (a), in sub-clause (ii), the words and figures "and in respect of which there is no person in India who may be treated as an agent under section " shall be

How do I find court cases under Section 20 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 1988 20, section 20 Finance Act 1988, section 20 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 20 of the Finance Act, and has it changed?

Its own text turns on section 58 (Amendment of section 34AB), Income-tax Act 58 (Amounts not deductible), so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 1988 as Act 26 of 1988. 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 Schedule7045 words
2. Income-tax2162 words
4. Amendment of section 101079 words
6. Insertion of new section 10B1066 words
24. Amendment of section 80HHC788 words
40. Insertion of new section 206C687 words

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