Section11
The Finance Act, 2000

Amendment of section 17

In force As on 11 Oct 2026

Ministry Finance Cited by 4 provisions

Section 11 of the Finance Act, 2000 deals with amendment of section 17. Amendment of section 17. 11. In section 17 of the Income-tax Act, in clause (2), with effect from the 1st day of April, 2001,— (a) in sub-clause (iii) but before the Explanation, the following proviso shall be inserted, namely :— "Provided that nothing contained in this sub-clause shall apply to the

Amendment of section 17.

11. In section 17 of the Income-tax Act, in clause (2), with effect from the 1st day of April, 2001,—

(a) in sub-clause (iii) but before the Explanation, the following proviso shall be inserted, namely :—

"Provided that nothing contained in this sub-clause shall apply to the value of any benefit provided by a company free of cost or at a concessional rate to its employees by way of allotment of shares, debentures or warrants directly or indirectly under the Employees’ Stock Option Plan or Scheme of the said company.";

(b) sub-clause (iiia) shall be omitted.

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Section 11, The Finance Act, 2000.

Cross-references

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

Questions about Section 11

What does Section 11 of the Finance Act deal with?

Section 11 of the Finance Act is headed "Amendment of section 17". Amendment of section 17. 11. In section 17 of the Income-tax Act, in clause (2), with effect from the 1st day of April, 2001,— (a) in sub-clause (iii) but before the Explanation, the following proviso shall be inserted, namely :— "Provided that nothing contained in this sub-clause shall apply to the

How do I find court cases under Section 11 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 2000 11, section 11 Finance Act 2000, section 11 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 11 of the Finance Act, and has it changed?

Its own text turns on section 17 (Amendment of section 35D), Income-tax Act 17 ("Salary", "perquisite" and "profits in lieu of salary" defined), so none of them can safely be read on its own. 4 other provisions in this corpus refer back to it.

When was the Finance Act enacted?

Finance Act was enacted in 2000. 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.