The Finance Act, 1989
An Act to give effect to the financial proposals of the Central Government for the financial year 1989-1990.
Administered by. Ministry of Finance, Department of Revenue · Other Acts of 1989
What this Act covers
The Finance Act for 1989. Its First Schedule carries the rates of income-tax for the year; the rest amends the Income-tax Act and the other fiscal statutes. The rate of tax for a year is fixed here and not in the Income-tax Act.
Sections
Type to filter. 34 sections.
- 1Short title and commencement
- 2Income-tax
- 3Amendment of section 2
- 4Amendment of section 2
- 5Amendment of Section 16
- 6Amendment of section 17
- 7Amendment of section 32AB
- 8Amendment of section 36
- 9Amendment of section 43B
- 10Insertion of new section 44BBB
- 11Amendment of section 48
- 12Amendment of section 54E
- 13Amendment of section 57
- 14Amendment of section 80C
- 15Amendment of section 80CC
- 16Insertion of new section 80JJ
- 17Amendment of section 80U
- 18Amendment of section 115B
- 19Amendment of section 115J
- 20Amendment of section 153
- 21Amendment of section 192
- 22Amendment of section 193
- 23Amendment of section 193
- 24Amendment of section 285B
- 25Consequential of amendments
- 26Application of the Income-tax Act to the State of Sikkim
- 27Amendment of section 5
- 28Amendment of Section 17A
- 29Amendment of section 21AA
- 30Amendment of section 25
- 31Amendment of section 16A
- 32Amendment of section 24
- 33Amendment of Act 35 of 1987
- First ScheduleFirst Schedule
Related Acts
- The Small Industries Development Bank of India Act, 198969 sections
- The Finance Act, 198879 sections
- The Prohibition of Benami Property Transactions Act, 198875 sections
- The Finance Act, 199062 sections
- The Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances Act, 198816 sections
- The Finance Act, 1991120 sections
- The Finance Act, 1987106 sections
- The National Housing Bank Act, 1987101 sections
Provenance. 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.
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. Every one of the 34 sections of this Act has its own page. This page is not a substitute for legal advice.