Amendment of section 80DD
Section 21 of the Finance Act, 2022 deals with amendment of section 80DD. Amendment of section 80DD. 21. In section 80DD of the Income-tax Act, with effect from the 1st day of April, 2023,— (1) | in sub-section (2), for clause (a), the following clause shall be substituted, namely:— "(a) | the scheme referred to in clause (b) of sub-section (1) provides for payment of ann
Amendment of section 80DD.
21. In section 80DD of the Income-tax Act, with effect from the 1st day of April, 2023,—
(1) in sub-section (2), for clause (a), the following clause shall be substituted, namely:—
"(a) the scheme referred to in clause (b) of sub-section (1) provides for payment of annuity or lump sum amount for the benefit of a dependant, being a person with disability,—
(i) in the event of the death of the individual or the member of the Hindu undivided family in whose name subscription to the scheme has been made; or (ii) on attaining the age of sixty years or more by such individual or the member of the Hindu undivided family, and the payment or deposit to such scheme has been discontinued;"; Section 21, The Finance Act, 2022 (Act 6 of 2022).
(II) after sub-section (3), the following sub-section shall be inserted, namely:— "(3A) The provisions of sub-section (3) shall not apply to the amount received by the dependant, being a person with disability, before his death, by way of annuity or lump sum by application of the condition referred to in sub-clause (ii) of clause (a) of sub-section (2).".
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 21
What does Section 21 of the Finance Act deal with?
Section 21 of the Finance Act is headed "Amendment of section 80DD". Amendment of section 80DD. 21. In section 80DD of the Income-tax Act, with effect from the 1st day of April, 2023,— (1) | in sub-section (2), for clause (a), the following clause shall be substituted, namely:— "(a) | the scheme referred to in clause (b) of sub-section (1) provides for payment of ann
How do I find court cases under Section 21 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 2022 21, section 21 Finance Act 2022, section 21 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 21 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 80DD (Deduction in respect of maintenance including medical treatment of a dependant who is a person with disability), so none of them can safely be read on its own.
When was the Finance Act enacted?
Finance Act was enacted in 2022 as Act 6 of 2022. 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
- First Schedule. First Schedule9792 words
- 2. Income-tax6839 words
- 42. Amendment of section 144B3753 words
- 4. Amendment of section 103713 words
- 39. Insertion of new section 140B1269 words
- 31. Amendment of section 115TD965 words
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.