# The Finance Act, 1989, Section 14: Amendment of section 80C

- Act: The Finance Act, 1989 (Act 13 of 1989)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1989/section/14/

## Text

Amendment of section 80C 14. In section 80C of the Income-tax Act, in sub-section (2), in clause (h), with effect from the 1st day of April, 1990 — (a) after sub-clause (i), the following sub-clause shall be inserted, namely:— "(ia) as subscription to any such deposit scheme of the National Housing Bank established under section 3 of the National Housing Bank Act, 1987 (53 of 1987), as the Central Government may, by notification in the Official Gazette, specify in this behalf;"; (b) in sub-clause (ii),  in item (c), after sub-item (3), the following sub-item shall be inserted, namely:—- "(3A) the National Housing Bank, or". [Finance Act, 1989] © Copyright. Taxmann Publications Pvt. Ltd.

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