Amendment of section 21A
Section 95 of the Finance Act, 1992 deals with amendment of section 21A. Amendment of section 21A. 95. In section, 21A of the Wealth-tax Act, with effect from the 1st day of April, 1993,— (a) for the words, brackets and figures "Notwithstanding anything contained in clause (i) of sub-section (1) of section 5, where any property is held", the words "Where any property is
Amendment of section 21A.
95. In section, 21A of the Wealth-tax Act, with effect from the 1st day of April, 1993,—
(a) for the words, brackets and figures "Notwithstanding anything contained in clause (i) of sub-section (1) of section 5, where any property is held", the words "Where any property is held" shall be substituted;
(b) the words, brackets and figures "but without. excluding the value of any asset under sub-section (1) of section 5, and at the maximum marginal rate" shall be omitted;
(c) the second proviso shall be omitted;
(d) in the third proviso,—
(i) for the words "Provided also that", the words "Provided further that" shall be substituted;
(ii) in item (2), for the words and figures "Part I of Schedule I in' the case of an individual", the words, brackets and figures "sub-section (2) of section 3" shall be substituted;
(e) in the Explanation, clause (aa) shall be omitted.
[Finance Act, 1992]
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Section 95, The Finance Act, 1992 (Act 18 of 1992).
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Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Questions about Section 95
What does Section 95 of the Finance Act deal with?
Section 95 of the Finance Act is headed "Amendment of section 21A". Amendment of section 21A. 95. In section, 21A of the Wealth-tax Act, with effect from the 1st day of April, 1993,— (a) for the words, brackets and figures "Notwithstanding anything contained in clause (i) of sub-section (1) of section 5, where any property is held", the words "Where any property is
How do I find court cases under Section 95 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 95, section 95 Finance Act 1992, section 95 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 95 of the Finance Act, and has it changed?
Its own text turns on section 3 (Amendment of section 2), section 5 (Amendment of section 13), 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
- First Schedule. First Schedule6776 words
- 2. Income-tax2308 words
- 4. Amendment of section 101580 words
- 58. Insertion of new Chapter XII-C876 words
- 16. Amendment of section 40813 words
- 35. Amendment of section 64707 words
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