# The Finance Act, 2002, Section 26: Amendment of section 55

- Act: The Finance Act, 2002
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2002/section/26/

## Text

Amendment of section 55. 26. In section 55 of the Income-tax Act, with effect from the 1st day of April, 2003,— (a ) in sub-section (1), in clause (b), in sub-clause (1), after the words "any article or thing", the words "or right to carry on any business" shall be inserted; (b ) in sub-section (2), in clause (a), after the words "any article or thing", the words "or right to carry on any business" shall be inserted. © Copyright. Taxmann Publications Pvt. Ltd.

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