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Section30
The Finance Act, 1996

Amendment of section 80L

In force Act 33 of 1996 As on 18 Oct 2026

Act 33 of 1996 Ministry Finance Cited by 1 provision

Section 30 of the Finance Act, 1996 deals with amendment of section 80L. Amendment of section 80L. 30. In section 80L of the Income-tax Act, in sub-section (1) with effect from the 1st day of April, 1997,— (a) in clauses (1) and (2), for the words "thirteen thousand", the words "twelve thousand" shall be substituted;

Amendment of section 80L.

30. In section 80L of the Income-tax Act, in sub-section (1) with effect from the 1st day of April, 1997,—

(a) in clauses (1) and (2), for the words "thirteen thousand", the words "twelve thousand" shall be substituted;

(b) after clause (2), the following proviso shall be inserted, namely:—

"Provided that where any income referred in clause (iv), clause (v) or clause (va) remains unallowed after the deduction under the foregoing provision of this section, there shall be allowed in computing the total income of the assessee, an additional deduction of an amount equal to so much of such income as has remained unallowed; so, however, that the amount of such additional deduction shall not exceed three thousand rupees.".

[Finance (No.

2) Act, 1996]

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Section 30, 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.

Referred to by 1

  1. s. First Schedule First Schedule

Questions about Section 30

What does Section 30 of the Finance Act deal with?

Section 30 of the Finance Act is headed "Amendment of section 80L". Amendment of section 80L. 30. In section 80L of the Income-tax Act, in sub-section (1) with effect from the 1st day of April, 1997,— (a) in clauses (1) and (2), for the words "thirteen thousand", the words "twelve thousand" shall be substituted;

How do I find court cases under Section 30 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 30, section 30 Finance Act 1996, section 30 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 30 of the Finance Act, and has it changed?

1 other provision in this corpus refers back to it.

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.