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Section10
The Finance Act, 1992

Amendment of section 24

In force Act 18 of 1992 As on 13 Oct 2026

Act 18 of 1992 Ministry Finance Cited by 2 provisions

Section 10 of the Finance Act, 1992 deals with amendment of section 24. 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 fi

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]

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Section 10, The Finance Act, 1992 (Act 18 of 1992).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. s. 24 Substitution of new section for section 48
  2. Income-tax Act s. 24 Deductions from income from house property

Referred to by 2

  1. s. 4 Amendment of section 10
  2. s. 51 51

Questions about Section 10

What does Section 10 of the Finance Act deal with?

Section 10 of the Finance Act is headed "Amendment of section 24". 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 fi

How do I find court cases under Section 10 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 1992 10, section 10 Finance Act 1992, section 10 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 10 of the Finance Act, and has it changed?

Its own text turns on section 24 (Substitution of new section for section 48), Income-tax Act 24 (Deductions from income from house property), so none of them can safely be read on its own. 2 other provisions in this corpus refer back to it.

When was the Finance Act enacted?

Finance Act was enacted in 1992 as Act 18 of 1992. 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

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.