Amendment of section 57
Section 13 of the Finance Act, 1989 deals with amendment of section 57. Amendment of section 57 13. In section 57 of the Income-tax Act, after clause (ii), the following clause shall be inserted, with effect from the 1st day of April, 1990, namely: — '(iia) in the case of income in the nature of family pension, a deduction of a sum equal to thirty-three and one-third pe
Amendment of section 57
13. In section 57 of the Income-tax Act, after clause (ii), the following clause shall be inserted, with effect from the 1st day of April, 1990, namely: —
'(iia) in the case of income in the nature of family pension, a deduction of a sum equal to thirty-three and one-third per cent, of such income or twelve thousand rupees, whichever is less.
Explanation.—For the purposes of this clause, "family pension" means a regular monthly amount payable by the employer to a person belonging to the family of an employee in the. event of his death;'.
[Finance Act, 1989]
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Section 13, The Finance Act, 1989 (Act 13 of 1989).
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Questions about Section 13
What does Section 13 of the Finance Act deal with?
Section 13 of the Finance Act is headed "Amendment of section 57". Amendment of section 57 13. In section 57 of the Income-tax Act, after clause (ii), the following clause shall be inserted, with effect from the 1st day of April, 1990, namely: — '(iia) in the case of income in the nature of family pension, a deduction of a sum equal to thirty-three and one-third pe
How do I find court cases under Section 13 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 1989 13, section 13 Finance Act 1989, section 13 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 13 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 57 (Deductions), so none of them can safely be read on its own.
When was the Finance Act enacted?
Finance Act was enacted in 1989 as Act 13 of 1989. 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 Schedule6983 words
- 2. Income-tax2165 words
- 4. Amendment of section 2568 words
- 7. Amendment of section 32AB544 words
- 11. Amendment of section 48350 words
- 19. Amendment of section 115J252 words
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