Section12
The Finance Act, 1996

Amendment of section 35

In force Act 33 of 1996 As on 18 Oct 2026

Act 33 of 1996 Ministry Finance

Section 12 of the Finance Act, 1996 deals with amendment of section 35. Amendment of section 35. 12. In section 35 of the Income-tax Act, in sub-section (2AA), for the provisos, the following proviso shall be substituted with effect from the 1st day of October, 1996,, namely:— "Provided that the prescribed authority shall, before granting approval, satisfy itself about

Amendment of section 35.

12. In section 35 of the Income-tax Act, in sub-section (2AA), for the provisos, the following proviso shall be substituted with effect from the 1st day of October, 1996,, namely:—

"Provided that the prescribed authority shall, before granting approval, satisfy itself about the feasibility of carrying out the scientific research and shall submit its report to the Director General in such form as may be prescribed.".

[Finance (No.

2) Act, 1996]

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Section 12, The Finance Act, 1996 (Act 33 of 1996).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

Questions about Section 12

What does Section 12 of the Finance Act deal with?

Section 12 of the Finance Act is headed "Amendment of section 35". Amendment of section 35. 12. In section 35 of the Income-tax Act, in sub-section (2AA), for the provisos, the following proviso shall be substituted with effect from the 1st day of October, 1996,, namely:— "Provided that the prescribed authority shall, before granting approval, satisfy itself about

How do I find court cases under Section 12 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 1996 12, section 12 Finance Act 1996, section 12 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 12 of the Finance Act, and has it changed?

Its own text turns on section 35 (Omission of section 88A), Income-tax Act 35 (Expenditure on scientific research), so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 1996 as Act 33 of 1996. 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

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. 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. This page is not a substitute for legal advice.