# The Finance Act, 1992, Section 10: Amendment of section 24

- Act: The Finance Act, 1992 (Act 18 of 1992)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1992/section/10/

## Text

Amendment of section 24. 10. In section 24 of the Income-tax Act, in sub-section (1), with effect from the 1st day of April, 1993,— (a) for clause (i), the following clause shall be substituted, namely: — "(i) in respect of repairs of, and collection of rent from, the property, a sum equal to one fifth of the annual value;"; (b) clause (viii) shall be omitted. [Finance Act, 1992] © Copyright. Taxmann Publications Pvt. Ltd.

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