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Section27
The Finance Act, 2007

Amendment of section 80E

In force As on 12 Oct 2026

Ministry Finance

Section 27 of the Finance Act, 2007 deals with amendment of section 80E. Amendment of section 80E. 27. In section 80E of the Income-tax Act, with effect from the 1st day of April, 2008,— (i ) in sub-section (1), after the words "higher education", the words "or for the purpose of higher education of his relative" shall be inserted;

Amendment of section 80E.

27. In section 80E of the Income-tax Act, with effect from the 1st day of April, 2008,—

(i ) in sub-section (1), after the words "higher education", the words "or for the purpose of higher education of his relative" shall be inserted;

(ii ) in sub-section (3),—

(A) in clause (a), for the words "notified by the Central Government", the words "approved by the prescribed authority" shall be substituted;

(B) after clause ( d), the following clause shall be inserted, namely:—

‘(e ) "relative", in relation to an individual, means the spouse and children of that individual.’.

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Section 27, The Finance Act, 2007.

Cross-references

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

This section refers to

  1. Income-tax Act s. 80E Deduction in respect of interest on loan taken for higher education

Questions about Section 27

What does Section 27 of the Finance Act deal with?

Section 27 of the Finance Act is headed "Amendment of section 80E". Amendment of section 80E. 27. In section 80E of the Income-tax Act, with effect from the 1st day of April, 2008,— (i ) in sub-section (1), after the words "higher education", the words "or for the purpose of higher education of his relative" shall be inserted;

How do I find court cases under Section 27 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 27, section 27 Finance Act 2007, section 27 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 27 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 80E (Deduction in respect of interest on loan taken for higher education), 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.