Section19
The Finance Act, 2007

Amendment of section 56

In force As on 05 Oct 2026

Ministry Finance

Section 19 of the Finance Act, 2007 deals with amendment of section 56. Amendment of section 56. 19. In section 56 of the Income-tax Act, in sub-section (2), in clause (v) , in the proviso, the following sub-clauses shall be deemed to have been inserted with effect from the 1st day of April, 2005, namely:— "(e ) from any local authority as defined in the Explanation to

Amendment of section 56.

19. In section 56 of the Income-tax Act, in sub-section (2), in clause (v) , in the proviso, the following sub-clauses shall be deemed to have been inserted with effect from the 1st day of April, 2005, namely:—

"(e ) from any local authority as defined in the Explanation to clause (20) of section 10; or

(f ) from any fund or foundation or university or other educational institution or hospital or other medical institution or any trust or institution referred to in clause (23C) of section 10; or

(g ) from any trust or institution registered under section 12AA.".

© Copyright. Taxmann Publications Pvt. Ltd.

Section 19, The Finance Act, 2007.

Cross-references

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

Questions about Section 19

What does Section 19 of the Finance Act deal with?

Section 19 of the Finance Act is headed "Amendment of section 56". Amendment of section 56. 19. In section 56 of the Income-tax Act, in sub-section (2), in clause (v) , in the proviso, the following sub-clauses shall be deemed to have been inserted with effect from the 1st day of April, 2005, namely:— "(e ) from any local authority as defined in the Explanation to

How do I find court cases under Section 19 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 2007 19, section 19 Finance Act 2007, section 19 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 19 of the Finance Act, and has it changed?

Its own text turns on section 10 (Amendment of section 13), section 56 (Amendment of section 194-I), Income-tax Act 56 (Income from other sources), so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 2007. 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.