Amendment of section 17
Section 7 of the Finance Act, 2005 deals with amendment of section 17. Amendment of section 17. 7. In section 17 of the Income-tax Act, in clause (2) , for sub-clause (vi), the following sub-clause shall be substituted, with effect from the 1st day of April, 2006, namely:— "( vi) the value of any other fringe benefit or amenity (excluding the fringe benefits chargeable The Act was enacted on 13 May 2005.
Amendment of section 17.
7. In section 17 of the Income-tax Act, in clause (2) , for sub-clause (vi), the following sub-clause shall be substituted, with effect from the 1st day of April, 2006, namely:—
"( vi) the value of any other fringe benefit or amenity (excluding the fringe benefits chargeable to tax under Chapter XII-H) as may be prescribed:".
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Section 7, The Finance Act, 2005 (Act 18 of 2005).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 7
What does Section 7 of the Finance Act deal with?
Section 7 of the Finance Act is headed "Amendment of section 17". Amendment of section 17. 7. In section 17 of the Income-tax Act, in clause (2) , for sub-clause (vi), the following sub-clause shall be substituted, with effect from the 1st day of April, 2006, namely:— "( vi) the value of any other fringe benefit or amenity (excluding the fringe benefits chargeable
How do I find court cases under Section 7 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 2005 7, section 7 Finance Act 2005, section 7 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 7 of the Finance Act, and has it changed?
Its own text turns on section 17 (Amendment of section 54EC), Income-tax Act 17 ("Salary", "perquisite" and "profits in lieu of salary" defined), so none of them can safely be read on its own.
When was Section 7 of the Finance Act enacted?
Section 7 of the Finance Act, cited as Finance Act 2005 7, was enacted on 13 May 2005 as Act 18 of 2005. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. First Schedule6312 words
- 37. Insertion of new Chapter XII-H3647 words
- 21. Insertion of new section 80C2707 words
- 2. Income-tax2474 words
- 47. Amendment of section 153C350 words
- 19. Insertion of new section 72AA337 words
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