Amendment of section 88

In force Act 22 of 1995 As on 15 Oct 2026

Act 22 of 1995 Ministry Finance

Section 22 of the Finance Act, 1995 deals with amendment of section 88. Amendment of section 88. 22. In section 88 of the Income-tax Act, with effect from the 1st day of April, 1996,— (i) sub-section (3) shall be omitted;

Amendment of section 88.
22. In section 88 of the Income-tax Act, with effect from the 1st day of April, 1996,—
(i) sub-section (3) shall be omitted;
(ii) in sub-section (7), in clause (i), for the words "contract of insurance, before premiums have been paid for two years; or" the following shall be substituted, namely:—
"contract of insurance,—
(a) in case of any single premium policy, within two years after the date of commencement of insurance, or
(b) in any other case, before premiums have been paid for two years; or".
[Finance Act, 1995]
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Section 22, The Finance Act, 1995 (Act 22 of 1995).

Questions about Section 22

What does Section 22 of the Finance Act deal with?

Section 22 of the Finance Act is headed "Amendment of section 88". Amendment of section 88. 22. In section 88 of the Income-tax Act, with effect from the 1st day of April, 1996,— (i) sub-section (3) shall be omitted;

How do I find court cases under Section 22 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 1995 22, section 22 Finance Act 1995, section 22 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

When was the Finance Act enacted?

Finance Act was enacted in 1995 as Act 22 of 1995. 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 Schedule5064 words
2. Income-tax1851 words
32. Insertion of new Chapter XIV-B1627 words
4. Amendment of section 101177 words
36. Insertion of new sections 194J and 194K967 words
30. Substitution of new section for section 139A690 words

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