Amendment of section 35
Section 12 of the Finance Act, 1991 deals with amendment of section 35. Amendment of section 35. 12. In section 35 of the Income-tax Act, in sub-section (2), for clause (iii), the following clause shall be substituted, with effect from the 1st day of April, 1992, namely: — "(iii) any sum paid to a university, college or other institution to be used for research in socia
Amendment of section 35.
12. In section 35 of the Income-tax Act, in sub-section (2), for clause (iii), the following clause shall be substituted, with effect from the 1st day of April, 1992, namely: —
"(iii) any sum paid to a university, college or other institution to be used for research in social science or statistical research:
Provided that such university, college or institution is for the time being approved for the purposes of this clause by the prescribed authority by notification in the Official Gazette;".
[Finance (No.
2) Act, 1991]
© Copyright. Taxmann Publications Pvt. Ltd.
Section 12, The Finance Act, 1991 (Act 49 of 1991).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 12
What does Section 12 of the Finance Act deal with?
Section 12 of the Finance Act is headed "Amendment of section 35". Amendment of section 35. 12. In section 35 of the Income-tax Act, in sub-section (2), for clause (iii), the following clause shall be substituted, with effect from the 1st day of April, 1992, namely: — "(iii) any sum paid to a university, college or other institution to be used for research in socia
How do I find court cases under Section 12 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 1991 12, section 12 Finance Act 1991, section 12 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 12 of the Finance Act, and has it changed?
Its own text turns on section 35 (Insertion of new section 80Q), Income-tax Act 35 (Expenditure on scientific research), so none of them can safely be read on its own. 3 other provisions in this corpus refer back to it.
When was the Finance Act enacted?
Finance Act was enacted in 1991 as Act 49 of 1991. 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 Schedule7022 words
- 2. Income-tax2374 words
- 32. Insertion of new section 80-IA2233 words
- 101. Substitution of new sections for sections 11 to 131889 words
- 5. Amendment of section 101415 words
- 28. Amendment of section 80HHC1101 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.