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Section77
The Finance Act, 2014

Amendment of Act 27 of 1957

In force Act 25 of 2014 As on 06 Oct 2026

Act 25 of 2014 Ministry Finance Cited by 1 provision

Section 77 of the Finance Act, 2014 deals with amendment of Act 27 of 1957. Wealth-tax Amendment of Act 27 of 1957. 77.

Wealth-tax

Amendment of Act 27 of 1957.

77. In section 22A of the Wealth-tax Act, in clause (b), with effect from the 1st day of October, 2014,—

(A)the proviso shall be omitted;
(B)in the Explanation,—
(a)in clause (i), for the words, brackets and figures "clause (i) of the proviso shall, in case where a notice under section 17", the words and figures "section 17 shall, in case where a notice under the said section" shall be substituted;
(b)for clause (ii), the following clause shall be substituted, namely:—
"(ii)a proceeding for making fresh assessment in pursuance of an order under section 23A or section 24 or section 25, setting aside or cancelling an assessment shall be deemed to have been commenced from the date on which such order, setting aside or cancelling an assessment was passed;";
(c)in clause (iv), for the words, brackets and figures "clause (i) or clause (ii) of the proviso or clause (iii) of the Explanation", the words, brackets and figures "clause (i) or clause (ii) or clause (iii)" shall be substituted.

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Section 77, 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. 17 Amendment of section 45
  2. s. 24 Amendment of section 54F
  3. s. 25 Amendment of section 56
  4. Wealth-tax Act s. 22A Definitions

Referred to by 1

  1. s. 114 Amendment of Act 32 of 1994

Questions about Section 77

What does Section 77 of the Finance Act deal with?

Section 77 of the Finance Act is headed "Amendment of Act 27 of 1957". Wealth-tax Amendment of Act 27 of 1957. 77.

How do I find court cases under Section 77 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 77, section 77 Finance Act 2014, section 77 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 77 of the Finance Act, and has it changed?

Its own text turns on section 17 (Amendment of section 45), section 24 (Amendment of section 54F), section 25 (Amendment of section 56), Wealth-tax Act 22A (Definitions), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

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.