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Section39
The Finance Act, 2014

Amendment of section 115JC

In force Act 25 of 2014 As on 10 Oct 2026

Act 25 of 2014 Ministry Finance

Section 39 of the Finance Act, 2014 deals with amendment of section 115JC. Amendment of section 115JC. 39. In section 115JC of the Income-tax Act, in sub-section (2), with effect from the 1st day of April, 2015,— (a) | in clause (i), the word "and" occurring at the end, shall be omitted;

Amendment of section 115JC.

39. In section 115JC of the Income-tax Act, in sub-section (2), with effect from the 1st day of April, 2015,—

(a)in clause (i), the word "and" occurring at the end, shall be omitted;
(b)in clause (ii), for the words, figures and letters "under section 10AA", the words, figures and letters "under section 10AA; and" shall be substituted;
(c)after clause (ii), the following clause shall be inserted, namely:—
"(iii)deduction claimed, if any, under section 35AD as reduced by the amount of depreciation allowable in accordance with the provisions of section 32 as if no deduction under section 35AD was allowed in respect of the assets on which the deduction under that section is claimed.".

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Section 39, The Finance Act, 2014 (Act 25 of 2014).

Cross-references

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

This section refers to

  1. s. 32 Amendment of section 92C
  2. Income-tax Act s. 115JC Special provisions for payment of tax by certain persons other than a company

Questions about Section 39

What does Section 39 of the Finance Act deal with?

Section 39 of the Finance Act is headed "Amendment of section 115JC". Amendment of section 115JC. 39. In section 115JC of the Income-tax Act, in sub-section (2), with effect from the 1st day of April, 2015,— (a) | in clause (i), the word "and" occurring at the end, shall be omitted;

How do I find court cases under Section 39 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 2014 39, section 39 Finance Act 2014, section 39 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 39 of the Finance Act, and has it changed?

Its own text turns on section 32 (Amendment of section 92C), Income-tax Act 115JC (Special provisions for payment of tax by certain persons other than a company), so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 2014 as Act 25 of 2014. 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.