Amendment of section 17
Section 8 of the Finance Act, 1993 deals with amendment of section 17. Amendment of section 17. 8. In section 17 of the Income-tax Act, in clause (2), in the proviso, in clause (vi),— (a) in sub-clause: (2)/;
Amendment of section 17.
8. In section 17 of the Income-tax Act, in clause (2), in the proviso, in clause (vi),—
(a) in sub-clause: (2)/; for the the words "travel or stay "the words "travel and stay" shall be substituted;
(b )for the portion beginning with the words "subject to the condition", and ending with the words "Reserve Bank of India in this behalf, prescribe", the following shall be substituted, namely:—
"subject to the condition that—
(A) the expenditure on medical treatment and stay abroad shall be excluded from perquisite only to the extent permitted by the, Reserve Bank of India; and
(B) the expenditure on travel shall be excluded from perquisite only in the case of an employee whose gross total income, as computed before including therein the said expenditure, does not exceed two lakh rupees".
[Finance Act, 1993]
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Section 8, The Finance Act, 1993 (Act 38 of 1993).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 8
What does Section 8 of the Finance Act deal with?
Section 8 of the Finance Act is headed "Amendment of section 17". Amendment of section 17. 8. In section 17 of the Income-tax Act, in clause (2), in the proviso, in clause (vi),— (a) in sub-clause: (2)/;
How do I find court cases under Section 8 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 1993 8, section 8 Finance Act 1993, section 8 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 8 of the Finance Act, and has it changed?
Its own text turns on section 17 (Amendment of section 80M), Income-tax Act 17 ("Salary", "perquisite" and "profits in lieu of salary" defined), so none of them can safely be read on its own.
When was the Finance Act enacted?
Finance Act was enacted in 1993 as Act 38 of 1993. 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 Schedule5968 words
- 2. Income-tax2352 words
- 42. Amendment of Schedule II2037 words
- 31. Insertion of new Chapter XIX-B1169 words
- 3. Amendment of section 10825 words
- 22. Amendment of section 115K470 words
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