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Section27
The Finance Act, 1997

Amendment of section 80L

In force As on 07 Oct 2026

Ministry Finance

Section 27 of the Finance Act, 1997 deals with amendment of section 80L. Amendment of section 80L. 27. In section 80L of the Income-tax Act, in sub-section (1) with effect from the 1st day of April, 1998,— (a) clause (iv) shall be omitted;

Amendment of section 80L.

27. In section 80L of the Income-tax Act, in sub-section (1) with effect from the 1st day of April, 1998,—

(a) clause (iv) shall be omitted;

(b) in clause (x), the words ", or dividend received from," shall be omitted;

(c) in the proviso, for the word, brackets and figures "clause (iv),", the word, brackets and figure "clause (i)," shall be substituted.

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Section 27, The Finance Act, 1997.

Questions about Section 27

What does Section 27 of the Finance Act deal with?

Section 27 of the Finance Act is headed "Amendment of section 80L". Amendment of section 80L. 27. In section 80L of the Income-tax Act, in sub-section (1) with effect from the 1st day of April, 1998,— (a) clause (iv) shall be omitted;

How do I find court cases under Section 27 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 27, section 27 Finance Act 1997, section 27 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 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

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.