Amendment of Act 4 of 1988
Section 88 of the Finance Act, 1988 deals with amendment of Act 4 of 1988. Amendment of Act 4 of 1988 88. In the Direct Tax Laws (Amendment) Act, 1987,— (a) in section 36, clause (a) shall be omitted;
Amendment of Act 4 of 1988
88. In the Direct Tax Laws (Amendment) Act, 1987,—
(a) in section 36, clause (a) shall be omitted;
(b) in section 37,—
(i) in clause (i), after the words, brackets and figure "in sub-section (1),", the words, figures and letters "with effect from the 1st day of April, 1988," shall be inserted;
(ii) in clause (b), the words, figures and letters "with effect from the 1st day of April, 1988" shall be inserted at the end;
(c) in section 38, the words, figures and letters "with effect from the 1st day of April, 1988" shall be inserted at the end;
(d) section 92 shall be omitted;
(e) in section 128.—
(i) in clause (i), the words, figures and letters "with effect from the 1st day of April, 1988" shall he inserted at the end;
(ii) in clause (ii), after the words "shall be inserted", the words, figures and letters "with effect from the 1st day of April, 1988" shall be inserted;
(iii) in clause (iii), the words, figures and letters "with effect from the 1st day of April, 1988" shall be inserted at the end;
(iv) in clause (vii), after the words "shall be substituted", the words, figures and letters "with effect from the 1st day of. April, 1988" shall be inserted;
(f) in section 153. clause (a) shall be omitted;
(g) in section 154,—
(i) in clause (1),—
(A) in sub-clause (b), the words, figures and letters "with effect from the 1st day of April, 1988" shall be inserted at the end;
(B) in sub-clause (f), the words, figures and letters "with effect from the 1st day of April, 1988" shall be inserted at the end;
(ii) in clause (2), in sub-clause (b), the words, figures and letters "with effect from the 1st day of April, 1988" shall be inserted at the end;
(h) in section 155, in clause (a), in sub-clause (ii), the words, figures and letters "with effect from the 1st day of April, 1988" shall be inserted at the end;
(i) in section 158, after the words "shall be inserted", the words, figures and letters "with effect from the 1st day of April, 1988" shall be inserted;
(j) in section 162,—
(i) in clause (a), the words, figures and letters "with effect from the 1st day of April, 1988" shall be inserted at the end;
(ii) in clause (b), after the words "shall be inserted", the words, figures and letters "with effect from the 1st day of April, 1988" shall be inserted;
(iii)or clause (c), the following clause shall be substituted, namely:—
"(c) (i clauses (vi), (via), (viia), (xiii), (xv),(xvi) and (xvia) shall be omitted with effect from the 1st day of April, 1988;
(ii) clause (xvii) shall be omitted;";
(iv) in clause (g), after the words "shall be inserted", the words, figures and letters "with effect from the 1st day of April, 1988" shall be inserted;
(k) in section 182, clause (a) shall be omitted.
[Finance Act, 1988]
© Copyright. Taxmann Publications Pvt. Ltd.
Section 88, 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
Referred to by 1
Questions about Section 88
What does Section 88 of the Finance Act deal with?
Section 88 of the Finance Act is headed "Amendment of Act 4 of 1988". Amendment of Act 4 of 1988 88. In the Direct Tax Laws (Amendment) Act, 1987,— (a) in section 36, clause (a) shall be omitted;
How do I find court cases under Section 88 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 88, section 88 Finance Act 1988, section 88 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 88 of the Finance Act, and has it changed?
Its own text turns on section 36 (Omission of section 181), section 37 (Amendment of section 193), section 38 (Amendment of section 194C), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.
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.