Amendment of section 80P
Section 27 of the Finance Act, 1988 deals with amendment of section 80P. Amendment of section 80P 27. In section 80P of the Income-tax Act, in sub-section (2), in clause (f), the words and figures "chargeable under section " shall be omitted with effect from the 1st day of April, 1989.
Amendment of section 80P
27. In section 80P of the Income-tax Act, in sub-section (2), in clause (f), the words and figures "chargeable under section 18" shall be omitted with effect from the 1st day of April, 1989.
[Finance Act, 1988]
© Copyright. Taxmann Publications Pvt. Ltd.
Section 27, 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.
Questions about Section 27
What does Section 27 of the Finance Act deal with?
Section 27 of the Finance Act is headed "Amendment of section 80P". Amendment of section 80P 27. In section 80P of the Income-tax Act, in sub-section (2), in clause (f), the words and figures "chargeable under section " shall be omitted with effect from the 1st day of April, 1989.
How do I find court cases under Section 27 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 27, section 27 Finance Act 1988, section 27 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 27 of the Finance Act, and has it changed?
Its own text turns on section 18 (Amendment of section 56), Income-tax Act 80P (Deduction in respect of income of co-operative societies), 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
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.