# The Finance Act, 1994, Section 50: Consequential amendments

- Act: The Finance Act, 1994 (Act 32 of 1994)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-1994/section/50/

## Text

Consequential amendments. 50. The following amendments (being consequential in nature) shall be made In the Income-tax Act,— (a) in section 44AB, in the Explanation, in clause (ii), in sub-clause (a), for the figures, letters and words "31st day of December", the figures, letters and words "30th day of November" shall be substituted; (b) in section 80CC, in sub-section (1),— (i) in clause (b), the word "or", occurring at the end, shall be omitted and shall be deemed to have been omitted with effect from the 1st day of April, 1978; (ii) clause (c) shall be omitted and shall be deemed to have been omitted with effect from the 1st day of April, 1978; (c) in section 80CCA, in sub-section (1),— (i) in clause (b), the word "or", occurring at the end, shall be omitted and shall be deemed to have been omitted with effect from the 1st day of April, 1988; (ii) clause (c) shall be omitted and shall be deemed to have been omitted with effect from the 1st day of April, 1988; (d) in section 80CCB, in sub-section (1),— (i) in clause (b), the word "or", occurring at the end, shall be omitted and shall be deemed to have been omitted with effect from the 1st day of April, 1991; (ii) clause (c) shall be omitted and shall be deemed to have been omitted with effect from the 1st day of April, 1991; (e) in section 80D, in sub-section (2), clause (c) shall be omitted and shall be deemed to have been omitted with effect from the 1st day of April, 1987; (f) in section 80L, in sub-section (1),— (i) in clause (b), the word "or", occurring at the end, shall be omitted and shall be deemed to have been omitted with effect from the 1st day of April, 1968; (ii) clause (c) shall be omitted and shall be deemed to have been omitted with effect from the 1st day of April, 1968; (g) in section 88, in sub-section (1),— (i) in clause (b), the word "or", occurring at the end, shall be omitted and shall be deemed to have been omitted with effect from the 1st day of April, 1991; (ii) clause (c) shall be omitted and shall be deemed to have been omitted with effect from the 1st day of April, 1991; (h) in section 88A, in sub-section (1),— (i) in clause (b), the woid "or" occurring at the end, shall be omitted and shall be deemed to have been omitted with effect from the 1st day of April, 1991; (ii) clause (c) shall be omitted and shall be deemed to have been omitted with effect from the 1st day of April, 1991. [Finance Act, 1994] © Copyright. Taxmann Publications Pvt. Ltd.

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