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Section48
The Finance Act, 2000

Insertion of new section 88C

In force As on 07 Oct 2026

Ministry Finance Cited by 1 provision

Section 48 of the Finance Act, 2000 deals with insertion of new section 88C. Insertion of new section 88C. 48. After section 88B of the Income-tax Act, the following sec­tion shall be inserted with effect from the 1st day of April, 2001, namely:— "88C.

Insertion of new section 88C.

48. After section 88B of the Income-tax Act, the following sec­tion shall be inserted with effect from the 1st day of April, 2001, namely:—

"88C. Rebate of income-tax in case of women below sixty-five years.—An assessee,—

(a) being a woman resident in India; and

(b) below the age of sixty-five years, at any time during the previous year,

shall be entitled to a deduction from the amount of income-tax (as computed before allowing the deductions under this Chapter) on her total income, with which she is chargeable for any assess­ment year, of an amount equal to hundred per cent of such income-tax or an amount of five thousand rupees, whichever is less.".

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Section 48, The Finance Act, 2000.

Cross-references

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

Referred to by 1

  1. s. 22 Amendment of section 48

Questions about Section 48

What does Section 48 of the Finance Act deal with?

Section 48 of the Finance Act is headed "Insertion of new section 88C". Insertion of new section 88C. 48. After section 88B of the Income-tax Act, the following sec­tion shall be inserted with effect from the 1st day of April, 2001, namely:— "88C.

How do I find court cases under Section 48 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 48, section 48 Finance Act 2000, section 48 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 48 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 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.