Amendment of section 55
Section 34 of the Finance Act, 2016 deals with amendment of section 55. Amendment of section 55. 34. In section 55 of the Income-tax Act, with effect from the 1st day of April, 2017,— (i) | in sub-section (1), in clause (b), in sub-clause (1), after the words "any business", the words "or profession" shall be inserted; The Act was enacted on 27 Jun 2016.
Amendment of section 55.
34. In section 55 of the Income-tax Act, with effect from the 1st day of April, 2017,—
Section 34, The Finance Act, 2016.
(i) in sub-section (1), in clause (b), in sub-clause (1), after the words "any business", the words "or profession" shall be inserted; (ii) in sub-section (2), in clause (a), after the words "any business", the words "or profession" shall be inserted.
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Referred to by 1
Questions about Section 34
What does Section 34 of the Finance Act deal with?
Section 34 of the Finance Act is headed "Amendment of section 55". Amendment of section 55. 34. In section 55 of the Income-tax Act, with effect from the 1st day of April, 2017,— (i) | in sub-section (1), in clause (b), in sub-clause (1), after the words "any business", the words "or profession" shall be inserted;
How do I find court cases under Section 34 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 2016 34, section 34 Finance Act 2016, section 34 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 34 of the Finance Act, and has it changed?
Its own text turns on section 55 (Amendment of section 115JB), Income-tax Act 55 (Meaning of "adjusted", "cost of improvement" and "cost of acquisition"), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.
When was Section 34 of the Finance Act enacted?
Section 34 of the Finance Act, cited as Finance Act 2016 34, was enacted on 27 Jun 2016. It is in force as at the date shown on this page.
Other sections of this Act
- Fourth Schedule. Fourth Schedule21791 words
- Eighth Schedule. Eighth Schedule19903 words
- First Schedule. First Schedule8145 words
- 2. Income-tax3742 words
- 222. Insertion of new Chapter III F2100 words
- 70. Substitution of new section for section 1531931 words
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