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Section81
The Finance Act, 1992

Amendment of section 234C

In force Act 18 of 1992 As on 06 Oct 2026

Act 18 of 1992 Ministry Finance

Section 81 of the Finance Act, 1992 deals with amendment of section 234C. Amendment of section 234C. 81. In section 234C of the Income-tax Act, in sub-section (1),— (a) for the word "twenty", wherever it occurs, the word "thirty" shall be substituted with effect from the 1st day of June, 1992;

Amendment of section 234C.

81. In section 234C of the Income-tax Act, in sub-section (1),—

(a) for the word "twenty", wherever it occurs, the word "thirty" shall be substituted with effect from the 1st day of June, 1992;

(b) for the word "fifty", wherever it occurs, the word "sixty" shall be substituted with effect from the 1st day of June, 1992;

(c) in the Explanation, after the word "paid", the words "or payable" shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 1989.

[Finance Act, 1992]

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Section 81, 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. Income-tax Act s. 234C Interest for deferment of advance tax

Questions about Section 81

What does Section 81 of the Finance Act deal with?

Section 81 of the Finance Act is headed "Amendment of section 234C". Amendment of section 234C. 81. In section 234C of the Income-tax Act, in sub-section (1),— (a) for the word "twenty", wherever it occurs, the word "thirty" shall be substituted with effect from the 1st day of June, 1992;

How do I find court cases under Section 81 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 81, section 81 Finance Act 1992, section 81 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 81 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 234C (Interest for deferment of advance tax), so none of them can safely be read on its own.

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.