Amendment of section 48
Section 18 of the Finance Act, 1997 deals with amendment of section 48. Amendment of section 48. 18. In section 48 of the Income-tax Act, after the second proviso, the following proviso shall be inserted with effect from the 1st day of April, 1998, namely :— "Provided also that nothing contained in the second proviso shall apply to the long-term capital gain arising fro
Amendment of section 48.
18. In section 48 of the Income-tax Act, after the second proviso, the following proviso shall be inserted with effect from the 1st day of April, 1998, namely :—
"Provided also that nothing contained in the second proviso shall apply to the long-term capital gain arising from the transfer of a long-term capital asset being bond or debenture other than capital indexed Bonds issued by the Government.".
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Section 18, The Finance Act, 1997.
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Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Questions about Section 18
What does Section 18 of the Finance Act deal with?
Section 18 of the Finance Act is headed "Amendment of section 48". Amendment of section 48. 18. In section 48 of the Income-tax Act, after the second proviso, the following proviso shall be inserted with effect from the 1st day of April, 1998, namely :— "Provided also that nothing contained in the second proviso shall apply to the long-term capital gain arising fro
How do I find court cases under Section 18 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 1997 18, section 18 Finance Act 1997, section 18 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 18 of the Finance Act, and has it changed?
Its own text turns on section 48 (Amendment of section 194B), Income-tax Act 48 (Mode of computation), so none of them can safely be read on its own.
When was the Finance Act enacted?
Finance Act was enacted in 1997. 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 Schedule4803 words
- 2. Income-tax1461 words
- 25. Amendment of section 80-IA1316 words
- 6. Insertion of new section 35ABB644 words
- 40. Insertion of new Chapter XII-D552 words
- 3. Amendment of section 10486 words
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