Amendment of section 80DD
Section 41 of the Finance Act, 1999 deals with amendment of section 80DD. Amendment of section 80DD. 41. In section 80DD of the Income-tax Act, for sub-section (1), the following sub-section shall be substituted with effect from the 1st day of April, 2000, namely :— "(1) Where an assessee, who is a resident in India, being an individual or a Hindu undivided family has, du
Amendment of section 80DD.
41. In section 80DD of the Income-tax Act, for sub-section (1), the following sub-section shall be substituted with effect from the 1st day of April, 2000, namely :—
"(1) Where an assessee, who is a resident in India, being an individual or a Hindu undivided family has, during the previous year,—
(a ) incurred any expenditure for the medical treatment (including nursing), training and rehabilitation of a handicapped dependant; or
(b ) paid or deposited any amount under a scheme framed in this behalf by the Life Insurance Corporation or Unit Trust of India subject to the conditions specified in sub-section (2) and approved by the Board in this behalf for the maintenance of handicapped dependant,
the assessee shall, in accordance with and subject to the provisions of this section, be allowed a deduction of a sum of forty thousand rupees in respect of the previous year.".
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Section 41, The Finance Act, 1999.
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Questions about Section 41
What does Section 41 of the Finance Act deal with?
Section 41 of the Finance Act is headed "Amendment of section 80DD". Amendment of section 80DD. 41. In section 80DD of the Income-tax Act, for sub-section (1), the following sub-section shall be substituted with effect from the 1st day of April, 2000, namely :— "(1) Where an assessee, who is a resident in India, being an individual or a Hindu undivided family has, du
How do I find court cases under Section 41 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 1999 41, section 41 Finance Act 1999, section 41 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 41 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 80DD (Deduction in respect of maintenance including medical treatment of a dependant who is a person with disability), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.
When was the Finance Act enacted?
Finance Act was enacted in 1999. 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
- 50. Substitution of new section for section 80-IA5311 words
- First Schedule. First Schedule5092 words
- 2. Income-tax1942 words
- 6. Amendment of section 101681 words
- 3. Amendment of section 21112 words
- 38. Substitution of new section for section 72A903 words
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