An Act to give effect to the financial proposals of the Central Government for the financial year 1996-1997.

Act 33 of 1996 Department Department of Revenue

Administered by. Ministry of Finance, Department of Revenue · Other Acts of 1996

What this Act covers

The Finance Act for 1996. Its First Schedule carries the rates of income-tax for the year; the rest amends the Income-tax Act and the other fiscal statutes. The rate of tax for a year is fixed here and not in the Income-tax Act.

Sections

Type to filter. 59 sections.

1. 1Short title and commencement
2. 2Income-tax
3. 3Amendment of section 2
4. 4Amendment of section 10
5. 5Amendment of section 12A
6. 6Insertion of new section 12AA
7. 7Amendment of section 16
8. 8Amendment of section 17
9. 9Amendment of section 24
10. 10Amendment of section 28
11. 11Amendment of section 32
12. 12Amendment of section 35
13. 13Amendment of section 35AC
14. 14Amendment of section 36
15. 15Amendment of section 40A
16. 16Amendment of section 41
17. 17Amendment of section 43
18. 18Amendment of section 43B
19. 19Amendment of section 45
20. 20Insertion of new sections 54EA and 54EB
21. 21Amendment of section 56
22. 22Omission of section 80CC
23. 23Insertion of new section 80CCC
24. 24Amendment of section 80D
25. 25Insertion of new section 80DDB
26. 26Amendment of section 80G
27. 27Amendment of section 80GG
28. 28Amendment of section 80-IA
29. 29Omission of section 80J
30. 30Amendment of section 80L
31. 31Amendment of section 80R
32. 32Amendment of section 80RR
33. 33Amendment of section 80RRA
34. 34Amendment of section 88
35. 35Omission of section 88A
36. 36Amendment of section 88B
37. 37Amendment of section 112
38. 38Amendment of section 115AC
39. 39Insertion of new section 115JA
40. 40Amendment of section 115K
41. 41Amendment of section 120
42. 42Amendment of section 139
43. 43Amendment of section 148
44. 44Amendment of section 153
45. 45Amendment of section 158B
46. 46Amendment of section 158BB
47. 47Amendment of section 158BE
48. 48Amendment of section 158BG
49. 49Amendment of section 194A
50. 50Amendment of section 199
51. 51Omission of sections 206A and 206B
52. 52Amendment of section 206C
53. 53Amendment of section 208
54. 54Amendment of section 234C
55. 55Amendment of section 272A
56. 56Amendment of section 2
57. 57Amendment of section 4
58. 58Amendment of section 21 A
59. First ScheduleFirst Schedule

Related Acts

• The Depositories Act, 199660 sections
• The Finance Act, 199780 sections
• The Finance Act, 199550 sections
• The Industrial Reconstruction Bank (Transfer of Undertakings and Repeal) Act, 199715 sections
• The Finance Act, 199899 sections
• The Finance Act, 199458 sections
• The Finance Act, 1999102 sections
• The Foreign Exchange Management Act, 199952 sections

Provenance. 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.

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. Every one of the 59 sections of this Act has its own page. This page is not a substitute for legal advice.