varshith7/income-tax-act-india huggingface dataset:
Income Tax Act, 2025
Section 2: Ins. by Act 29 of 1978, s. 2 (w.e.f. 11979).
2. Ins. by Act 29 of 1978, s. 2 (w.e.f. 11979).
3. The words “Interest on securities” omitted by Act 26 of 1988, s. 7 (w.e.f. 11989).
Income Tax Act, 2025
Section 2: Ins. by Act 14 of 2001, s. 11 (w.e.f. 11962).
2. Ins. by Act 14 of 2001, s. 11 (w.e.f. 11962).
3. Section 14A renumbered as sub-section (1) thereof by Act 21 of 2006, s. 7 (w.e.f. 12007).
thereof by Act 21 of 2006, s. 7 (w.e.f. 12007).
Income Tax Act, 2025
Section 3: Subs. by Act 14 of 2001, s. 12, for clause (i) and (ii) (w.e.f. 12002).
3. Subs. by Act 14 of 2001, s. 12, for clause (i) and (ii) (w.e.f. 12002).
and
(w.e.f. 12002).
Income Tax Act, 2025
Section 4: Clause (i) omitted by Act 18 of 2005, s. 6 (w.e.f. 12006).
4. Clause (i) omitted by Act 18 of 2005, s. 6 (w.e.f. 12006).
omitted by Act 18 of 2005, s. 6 (w.e.f. 12006).
Income Tax Act, 2025
Section 6: Subs. by Act 7 of 2019, s. 3, for “forty thousand” (w.e.f. 12020).
6. Subs. by Act 7 of 2019, s. 3, for “forty thousand” (w.e.f. 12020).
7. Ins. by Act 13 of 1989, s. 5 (w.e.f. 11990). Earlier clause (iii) omitted by Act 20 of 1974, s. 4 (w.e.f. 11975).
omitted by Act 20 of 1974, s. 4 (w.e.f. 11975).
Income Tax Act, 2025
Section 8: Clause (iv) and (v) omitted by Act 20 of 1974, s. 4 (w.e.f. 11975).
8. Clause (iv) and (v) omitted by Act 20 of 1974, s. 4 (w.e.f. 11975).
and
omitted by Act 20 of 1974, s. 4 (w.e.f. 11975).
Income Tax Act, 2025
Section 2: Sub-clause (iiia) omitted by Act 10 of 2000, s. 11 (w.e.f 12001).
2. Sub-clause (iiia) omitted by Act 10 of 2000, s. 11 (w.e.f 12001).
omitted by Act 10 of 2000, s. 11 (w.e.f 12001).
Income Tax Act, 2025
Section 1: Ins. by Act 49 of 1991, s. 9 (w.e.f. 11991).
1. Ins. by Act 49 of 1991, s. 9 (w.e.f. 11991).
2. Subs. by Act 32 of 1994, s. 10, for sub-clause (ii) (w.r.e.f. 11993). Earlier substituted by Act 18 of 1992,
s. 8 (w.e.f. 11993).
(w.r.e.f. 11993). Earlier substituted by Act 18 of 1992,
s. 8 (w.e.f. 11993).
Income Tax Act, 2025
Section 5: Clause (v) omitted by Act 13 of 2018, s. 8 (w.e.f. 12019).
5. Clause (v) omitted by Act 13 of 2018, s. 8 (w.e.f. 12019).
omitted by Act 13 of 2018, s. 8 (w.e.f. 12019).
Income Tax Act, 2025
Section 4: Sub-clause (vi) omitted by Act 32 of 1985, s. 7 (w.e.f. 11985).
4. Sub-clause (vi) omitted by Act 32 of 1985, s. 7 (w.e.f. 11985).
omitted by Act 32 of 1985, s. 7 (w.e.f. 11985).
Income Tax Act, 2025
Section 8: Ins. by Act 22 of 1995, s. 6 (w.e.f. 11996).
8. Ins. by Act 22 of 1995, s. 6 (w.e.f. 11996).
9. The brackets and words “(not being an approved superannuation fund)” omitted by s. 6, ibid. (w.e.f. 11996).
10. Subs. by Act 33 of 1996, s. 8, for “interest on such contributions.” (w.e.f. 11996).
Income Tax Act, 2025
Section 25: Amounts not deductible from income from house property.— Notwithstanding anything
25. Amounts not deductible from income from house property.— Notwithstanding anything
contained in section 24, any 10*** interest chargeable under this Act which is payable outside India (not
being interest on a loan issued for public subscription before the 1st day of April, 1938), on which tax has
not been paid or deducted under Chapter XVII-B and in respect of which there is no person in India who
may be treated as an agent under section 163 shall not be deducted in computing the income chargeable
under the head “Income from house property”.
Income Tax Act, 2025
Section 5: Ins. by Act 7 of 2019, s. 5 (w.e.f. 12020).
5. Ins. by Act 7 of 2019, s. 5 (w.e.f. 12020).
6. Subs. by Act 20 of 2002, s. 12, for “before the 1st day of April, 2003” (w.e.f. 12003).
Income Tax Act, 2025
Section 7: Subs. by Act 28 of 2016, s. 10, for “three years” (w.e.f. 12017).
7. Subs. by Act 28 of 2016, s. 10, for “three years” (w.e.f. 12017).
8. Subs. by Act 25 of 2014, s. 10, for “one lakh fifty thousand rupees” (w.e.f. 12015).
Income Tax Act, 2025
Section 1: Subs. by Act 28 of 2016, s. 11 for sections 25A, 25AA and 25B (w.e.f. 12017).
1. Subs. by Act 28 of 2016, s. 11 for sections 25A, 25AA and 25B (w.e.f. 12017).
Income Tax Act, 2025
Section 8: Ins. by Act 5 of 1964, s. 7 (w.e.f. 11964).
8. Ins. by Act 5 of 1964, s. 7 (w.e.f. 11964).
9. Ins. by Act 18 of 1992, s. 11 (w.e.f. 11993). Earlier clause (v) was inserted by Act 4 of 1988, s. 9 (w.e.f. 11989) and
later omitted by Act 3 of 1989, s. 95 (w.e.f. 11989).
was inserted by Act 4 of 1988, s. 9 (w.e.f. 11989) and
later omitted by Act 3 of 1989, s. 95 (w.e.f. 11989).
Income Tax Act, 2025
Section 29: Income from profits and gains of business or profession, how computed.—The income
29. Income from profits and gains of business or profession, how computed.—The income
referred to in section 28 shall be computed in accordance with the provisions contained in sections
30 to 1[43D].
30. Rent, rates, taxes, repairs and insurance for buildings.—In respect of rent, rates, taxes, repairs
and insurance for premises, used for the purposes of the business or profession, the following deductions
shall be allowed—
(a) where the premises are occupied by the assessee—
(i) as a tenant, the rent paid for such premises; and further if he has undertaken to bear the
cost of repairs to the premises, the amount paid on account of such repairs;
(ii) otherwise than as a tenant, the amount paid by him on account of current repairs to the
premises;
(b) any sums paid on account of land revenue, local rates or municipal taxes;
(c) the amount of any premium paid in respect of insurance against risk of damage or destruction
of the premises.
2[Explanation.—For the removal of doubts, it is hereby declared that the amount paid on account of
the cost of repairs referred to in sub-clause (i), and the amount paid on account of current repairs referred
to in sub-clause (ii), of clause (a), shall not include any expenditure in the nature of capital expenditure.]
31. Repairs and insurance of machinery, plant and furniture.—In respect of repairs and insurance
of machinery, plant or furniture used for the purposes of the business or profession, the following
deductions shall be allowed—
(i) the amount paid on account of current repairs thereto;
(ii) the amount of any premium paid in respect of insurance against risk of damage or destruction
thereof.
3[Explanation.—For the removal of doubts, it is hereby declared that the amount paid on account of
current repairs shall not include any expenditure in the nature of capital expenditure.]
where the premises are occupied by the assessee—
as a tenant, the rent paid for such premises; and further if he has undertaken to bear the
cost of repairs to the premises, the amount paid on account of such repairs;
otherwise than as a tenant, the amount paid by him on account of current repairs to the
premises;
any sums paid on account of land revenue, local rates or municipal taxes;
the amount of any premium paid in respect of insurance against risk of damage or destruction
of the premises.
2[Explanation.—For the removal of doubts, it is hereby declared that the amount paid on account of
the cost of repairs referred to in sub-clause
the amount paid on account of current repairs thereto;
the amount of any premium paid in respect of insurance against risk of damage or destruction
thereof.
3[Explanation.—For the removal of doubts, it is hereby declared that the amount paid on account of
current repairs shall not include any expenditure in the nature of capital expenditure.]
Income Tax Act, 2025
Section 32: Depreciation.—(1) 4[In respect of depreciation of—
32. Depreciation.—(1) 4[In respect of depreciation of—
(i) buildings, machinery, plant or furniture, being tangible assets;
(ii) know-how, patents, copyrights, trade marks, licences, franchises or any other business or
commercial rights of similar nature, being intangible assets acquired on or after the 1st day of April,
1998,
owned, wholly or partly, by the assessee and used for the purposes of the business or profession, the
following deductions shall be allowed—
5[(i) in the case of assets of an undertaking engaged in generation or generation and distribution
of power, such percentage on the actual cost thereof to the assessee as may be prescribed;]
4[In respect of depreciation of—
buildings, machinery, plant or furniture, being tangible assets;
know-how, patents, copyrights, trade marks, licences, franchises or any other business or
commercial rights of similar nature, being intangible assets acquired on or after the 1st day of April,
1998,
owned, wholly or partly, by the assessee and used for the purposes of the business or profession, the
following deductions shall be allowed—
5[
in the case of assets of an undertaking engaged in generation or generation and distribution
of power, such percentage on the actual cost thereof to the assessee as may be prescribed;]
Income Tax Act, 2025
Section 2: Subs. by Act 27 of 1999, s. 12, for the fourth proviso (w.e.f. 12000).
2. Subs. by Act 27 of 1999, s. 12, for the fourth proviso (w.e.f. 12000).
3. Subs. by Act 14 of 2010, s. 8, for “clause (xiii) and clause (xiv)” (w.e.f. 12011).
and clause
Income Tax Act, 2025
Section 4: Ins. by Act 46 of 1986, s. 5 (w.e.f. 11988).
4. Ins. by Act 46 of 1986, s. 5 (w.e.f. 11988).
5. Subs. by Act 20 of 2002, s. 14, for “For the purposes of this clause” (w.e.f. 12003).
Income Tax Act, 2025
Section 3: Ins. by Act 23 of 2012, s. 7 (w.e.f. 12013).
3. Ins. by Act 23 of 2012, s. 7 (w.e.f. 12013).
4. Subs. by Act 28 of 2016, s. 13, for “or in the business of generation or generation and distribution” (w.e.f. 12017).
Income Tax Act, 2025
Section 2: Clauses (iv), (v) and (vi) omitted by Act 46 of 1986, s. 5 (w.e.f. 11988).
2. Clauses (iv), (v) and (vi) omitted by Act 46 of 1986, s. 5 (w.e.f. 11988).
and
omitted by Act 46 of 1986, s. 5 (w.e.f. 11988).
Income Tax Act, 2025
Section 2: Subs. by Act 23 of 1986, s. 7, for “1st day of April, 1988,” (w.e.f. 11987).
2. Subs. by Act 23 of 1986, s. 7, for “1st day of April, 1988,” (w.e.f. 11987).
3. Subs. by Act 11 of 1983, s. 11, for “this sub-section and sub-sections (2B) and (4)” (w.e.f. 11983).
and
Income Tax Act, 2025
Section 1: Ins. by Act 29 of 1977, s. 9 (w.e.f. 11978).
1. Ins. by Act 29 of 1977, s. 9 (w.e.f. 11978).
2. Subs. by Act 14 of 1982, s. 8, for “but before the 1st day of April, 1982” (w.e.f. 11982).
Income Tax Act, 2025
Section 3: Clause (b) omitted by Act 11 of 1987, s. 74 (w.e.f. 11987).
3. Clause (b) omitted by Act 11 of 1987, s. 74 (w.e.f. 11987).
omitted by Act 11 of 1987, s. 74 (w.e.f. 11987).
Income Tax Act, 2025
Section 3: Subs. by Act 3 of 1989, s. 6, for sub-section (8B) (w.e.f. 11989).
3. Subs. by Act 3 of 1989, s. 6, for sub-section (8B) (w.e.f. 11989).
(w.e.f. 11989).
Income Tax Act, 2025
Section 6: Clause (i) omitted by Act 13 of 1989, s. 7 (w.e.f. 11991).
6. Clause (i) omitted by Act 13 of 1989, s. 7 (w.e.f. 11991).
omitted by Act 13 of 1989, s. 7 (w.e.f. 11991).
Income Tax Act, 2025
Section 5: Ins. by s. 7, ibid. (w.e.f. 11987).
5. Ins. by s. 7, ibid. (w.e.f. 11987).
6. Subs. by Act 11 of 1987, s. 7 for “is not utilised in accordance with the scheme” (w.e.f. 11987).
Income Tax Act, 2025
Section 2: Ins. by Act 25 of 2014, s. 11 (w.e.f. 12015).
2. Ins. by Act 25 of 2014, s. 11 (w.e.f. 12015).
3. Subs. by Act 28 of 2016, s. 14, for “acquired and installed during any previous year exceeds twenty-five crore rupees”
(w.e.f. 12016).
Income Tax Act, 2025
Section 5: Subs. by Act 32 of 1994, s. 12, for certain words (w.e.f. 11995).
5. Subs. by Act 32 of 1994, s. 12, for certain words (w.e.f. 11995).
6. Subs. by Act 32 of 2003, s. 16, for “approved in this behalf by the Tea Board” (w.e.f. 12004).
Income Tax Act, 2025
Section 7: Subs. by s. 16, ibid., for certain words (w.e.f. 12004).
7. Subs. by s. 16, ibid., for certain words (w.e.f. 12004).
8. Subs.by Act 14 of 2001, s. 22, for “a sum equal to twenty per cent. of the profits” (w.e.f. 12002).
Income Tax Act, 2025
Section 1: Ins. by Act 36 of 1989, s. 5 (w.e.f. 11990).
1. Ins. by Act 36 of 1989, s. 5 (w.e.f. 11990).
2. Subs. by Act 22 of 1995, s. 8, for certain words, brackets and figures (w.e.f. 11996).
Income Tax Act, 2025
Section 1: Ins. by Act 23 of 2004, s. 9 (w.e.f. 12005).
1. Ins. by Act 23 of 2004, s. 9 (w.e.f. 12005).
2. Subs. by Act 27 of 1999, s. 14, for “sold or otherwise transferred” (w.e.f. 12000).
Income Tax Act, 2025
Section 34: Conditions for depreciation allowance and development rebate.—4* * * * *
34. Conditions for depreciation allowance and development rebate.—4* * * * *
(3) (a) The deduction referred to in section 33 shall not be allowed unless an amount equal to
seventy-five per cent.. of the development rebate to be actually allowed is debited to the profit and loss
account of 5[any previous year in respect of which the deduction is to be allowed under sub-section (2) of
that section or any earlier previous year (being a previous year not earlier than the year in which the ship
was acquired or the machinery or plant was installed or the ship, machinery or plant was first put to use)]
and credited to a reserve account to be utilised by the assessee during a period of eight years next
following for the purposes of the business of the undertaking, other than—
(i) for distribution by way of dividends or profits; or
(ii) for remittance outside India as profits or for the creation of any asset outside India:
Provided that this clause shall not apply where the assessee is a company, being a licensee within
the meaning of the Electricity (Supply) Act, 1948 (54 of 1948), or where the ship has been acquired
or the machinery or plant has been installed before the 1st day of January, 1958:
6[Provided further that where a ship has been acquired after the 28th day of February, 1966, this
clause shall have effect in respect of such ship as if for the words “seventy-five”, the word “fifty” had
been substituted.]
(a) The deduction referred to in section 33 shall not be allowed unless an amount equal to
seventy-five per cent.. of the development rebate to be actually allowed is debited to the profit and loss
account of 5[any previous year in respect of which the deduction is to be allowed under sub-section
of
that section or any earlier previous year (being a previous year not earlier than the year in which the ship
was acquired or the machinery or plant was installed or the ship, machinery or plant was first put to use)]
and credited to a reserve account to be utilised by the assessee during a period of eight years next
following for the purposes of the business of the undertaking, other than—
for distribution by way of dividends or profits; or
for remittance outside India as profits or for the creation of any asset outside India:
Provided that this clause shall not apply where the assessee is a company, being a licensee within
the meaning of the Electricity
Act, 1948 (54 of 1948), or where the ship has been acquired
or the machinery or plant has been installed before the 1st day of January, 1958:
6[Provided further that where a ship has been acquired after the 28th day of February, 1966, this
clause shall have effect in respect of such ship as if for the words “seventy-five”, the word “fifty” had
been substituted.]
Income Tax Act, 2025
Section 4: Sub-sections (1) and (2) omitted by 46 of 1986, s. 6 (w.e.f. 11988).
4. Sub-sections (1) and (2) omitted by 46 of 1986, s. 6 (w.e.f. 11988).
and
omitted by 46 of 1986, s. 6 (w.e.f. 11988).
Income Tax Act, 2025
Section 4: Subs. by Act 28 of 2016, s. 15 for “one and three fourth” (w.e.f. 12018).
4. Subs. by Act 28 of 2016, s. 15 for “one and three fourth” (w.e.f. 12018).
5. Subs. by Act 14 of 2010, s. 9, for “scientific research association” (w.e.f. 12011).
Income Tax Act, 2025
Section 2: Subs. by Act 27 of 1999, s. 15, for “any sum paid” (w.e.f. 12000).
2. Subs. by Act 27 of 1999, s. 15, for “any sum paid” (w.e.f. 12000).
3. The words “an amount equal to one and one-fourth times of” omitted by Act 28 of 2016, s. 15 (w.e.f. 12018).
Income Tax Act, 2025
Section 7: Ins. by Act 29 of 2006, s. 5 (w.e.f. 12006).
7. Ins. by Act 29 of 2006, s. 5 (w.e.f. 12006).
8. Subs. by Act 14 of 2010, s. 9, for “scientific research association” (w.e.f. 12011).
Income Tax Act, 2025
Section 1: Ins. by Act 29 of 2006, s. 5 (w.e.f. 12006).
1. Ins. by Act 29 of 2006, s. 5 (w.e.f. 12006).
2. Subs. by Act 20 of 1967, s. 33 and the Third Schedule, for clause (i) (w.e.f. 11968).
(w.e.f. 11968).
Income Tax Act, 2025
Section 2: Subs. by Act 44 of 1980, s. 7, for “for the same previous year” (w.e.f. 11962).
2. Subs. by Act 44 of 1980, s. 7, for “for the same previous year” (w.e.f. 11962).
3. Subs. by Act 20 of 1967, s. 33 and the Third Schedule, for “where the asset is used” (w.e.f. 11968).
4. Subs. by Act 46 of 1986, s. 32, for “clauses (i), (ii) and (iii) of sub-section (1)” (w.e.f. 11988).
and
of sub-section
Income Tax Act, 2025
Section 5: Ins. by Act 26 of 1974, s. 5 (w.e.f. 11974).
5. Ins. by Act 26 of 1974, s. 5 (w.e.f. 11974).
6. Subs. by Act 21 of 1984, s. 6, for “Where the assessee pays any sum” (w.e.f. 11984).
Income Tax Act, 2025
Section 10: Ins. by Act 32 of 1994, s. 13 (w.e.f. 11995).
10. Ins. by Act 32 of 1994, s. 13 (w.e.f. 11995).
11. Subs. by Act 14 of 2001, s. 23, for “University or an Indian Institute of Technology” (w.e.f. 12002).
Income Tax Act, 2025
Section 6: Subs. by Act 32 of 1994, s. 13, for the Explanation (w.e.f. 11995).
6. Subs. by Act 32 of 1994, s. 13, for the Explanation (w.e.f. 11995).
7. The Explanation renumbered as Explanation 2 thereof by Act 29 of 2006, s. 5 (w.e.f. 12006).
Income Tax Act, 2025
Section 4: Ins. by Act 14 of 2001, s. 23 (w.e.f. 12002).
4. Ins. by Act 14 of 2001, s. 23 (w.e.f. 12002).
5. Subs. by Act 20 of 2015, s. 12, for “for audit of accounts maintained for that facility” (w.e.f. 12016).
Income Tax Act, 2025
Section 8: Clause (5) omitted by Act 28 of 2016, s. 15 (w.e.f. 12018).
8. Clause (5) omitted by Act 28 of 2016, s. 15 (w.e.f. 12018).
omitted by Act 28 of 2016, s. 15 (w.e.f. 12018).
Income Tax Act, 2025
Section 2: Subs. by Act 27 of 1999, s. 15, for sub-section (3) (w.e.f. 12000).
2. Subs. by Act 27 of 1999, s. 15, for sub-section (3) (w.e.f. 12000).
(w.e.f. 12000).
Income Tax Act, 2025
Section 1: Ins. by Act 26 of 1997, s. 6 (w.e.f. 11996).
1. Ins. by Act 26 of 1997, s. 6 (w.e.f. 11996).
2. Subs. by Act 27 of 1999, s. 18, for “for acquiring any right to operate telecommunication services” (w.e.f. 11996).
Income Tax Act, 2025
Section 1: Sub-section (1A) Omitted by Act 28 of 2016, s. 18 (w.e.f 12018).
1. Sub-section (1A) Omitted by Act 28 of 2016, s. 18 (w.e.f 12018).
2. Subs. by Act 14 of 2010, s. 10, for the words “one-third of its total pipeline capacity” (w.e.f. 12010).
Omitted by Act 28 of 2016, s. 18 (w.e.f 12018).
2. Subs. by Act 14 of 2010, s. 10, for the words “one-third of its total pipeline capacity” (w.e.f. 12010).
Income Tax Act, 2025
Section 4: Subs. by Act 14 of 2010, s. 10, for sub-section (3) (w.e.f. 12011).
4. Subs. by Act 14 of 2010, s. 10, for sub-section (3) (w.e.f. 12011).
(w.e.f. 12011).
Income Tax Act, 2025
Section 1: Ins. by Act 28 of 2016, s. 18 (w.e.f. 12018).
1. Ins. by Act 28 of 2016, s. 18 (w.e.f. 12018).
2. Subs. by Act 23 of 2012, s. 9, for “clause (a), clause (aa), clause (ab) and clauses (ac)” (w.e.f. 12013).
and clauses
Income Tax Act, 2025
Section 2: Subs. by Act 21 of 1979, s. 5, for sub-section (1) (w.e.f. 11979).
2. Subs. by Act 21 of 1979, s. 5, for sub-section (1) (w.e.f. 11979).
(w.e.f. 11979).
Income Tax Act, 2025
Section 1: Ins. by Act 29 of 2006, s. 7 (w.e.f. 12006).
1. Ins. by Act 29 of 2006, s. 7 (w.e.f. 12006).
2. Restored by Act 3 of 1989, s. 95 earlier omitted by Act 4 of 1988, s.10 (w.e.f. 11989). Original s. 35CCB was inserted
by Act 14 of 1982, s. 9 (w.e.f. 11982).
Income Tax Act, 2025
Section 3: Subs. by Act 12 of 1990, s. 12, for sub-section (1) (w.e.f. 11991).
3. Subs. by Act 12 of 1990, s. 12, for sub-section (1) (w.e.f. 11991).
4. Subs. by Act 20 of 2002, s. 17, for “Where an assessee incurs any expenditure” (w.e.f. 12003).
(w.e.f. 11991).
4. Subs. by Act 20 of 2002, s. 17, for “Where an assessee incurs any expenditure” (w.e.f. 12003).
Income Tax Act, 2025
Section 2: Subs. by s. 8, ibid., for “industrial undertaking” (w.e.f. 12009).
2. Subs. by s. 8, ibid., for “industrial undertaking” (w.e.f. 12009).
3. Subs. by Act 10 of 2000, s. 17, for “which is for the time being approved by the Central Government for the purposes of
clause (viii) of sub-section (1) of section 36” (w.e.f. 12000).
of sub-section
of section 36” (w.e.f. 12000).
Income Tax Act, 2025
Section 2: Ins. by Act 14 of 2001, s. 24 (w.e.f. 12001).
2. Ins. by Act 14 of 2001, s. 24 (w.e.f. 12001).
3. Subs. by Act 18 of 2005, s. 11, for “at the time of his voluntary retirement” (w.e.f. 12004).
Income Tax Act, 2025
Section 4: Subs. by Act 20 of 2002, s. 18, for sub-section (2) (w.e.f. 12001).
4. Subs. by Act 20 of 2002, s. 18, for sub-section (2) (w.e.f. 12001).
(w.e.f. 12001).
Income Tax Act, 2025
Section 4: Clause (iia) omitted by Act 27 of 1999, s. 22 (w.e.f. 12000).
4. Clause (iia) omitted by Act 27 of 1999, s. 22 (w.e.f. 12000).
omitted by Act 27 of 1999, s. 22 (w.e.f. 12000).
Income Tax Act, 2025
Section 5: Ins. by Act 32 of 2003, s. 18 (w.e.f. 12004).
5. Ins. by Act 32 of 2003, s. 18 (w.e.f. 12004).
6. The words “for extension of existing business or profession” omitted by Act 20 of 2015, s. 13 (w.e.f. 12016).
Income Tax Act, 2025
Section 2: Clause (iii) omitted by Act 21 of 2006, s. 9 (w.e.f. 12007).
2. Clause (iii) omitted by Act 21 of 2006, s. 9 (w.e.f. 12007).
omitted by Act 21 of 2006, s. 9 (w.e.f. 12007).
Income Tax Act, 2025
Section 4: Ins. by Act 14 of 2001, s. 25 (w.e.f. 11989).
4. Ins. by Act 14 of 2001, s. 25 (w.e.f. 11989).
5. Explanation renumbered as Explanation 1 thereof by Act 17 of 2013, s. 7 (w.e.f. 12014).
Income Tax Act, 2025
Section 8: Subs. by Act 26 of 1986, s. 2, for certain words (w.e.f. 11987).
8. Subs. by Act 26 of 1986, s. 2, for certain words (w.e.f. 11987).
9. The words “a bank approved by the Central Government for the purpose of clause (viiia) or” omitted by Act 32 of 1994,
s. 14 (w.e.f. 11995).
or” omitted by Act 32 of 1994,
s. 14 (w.e.f. 11995).
Income Tax Act, 2025
Section 10: Ins. by Act 22 of 2007, s. 13 (w.e.f. 12007).
10. Ins. by Act 22 of 2007, s. 13 (w.e.f. 12007).
11. Subs. by Act 20 of 2002, s. 19, for “not exceeding five per cent.” (w.e.f. 12003).
Income Tax Act, 2025
Section 5: Ins. by Act 14 of 1982, s. 10 (w.e.f. 1983).
5. Ins. by Act 14 of 1982, s. 10 (w.e.f. 1983).
6. Clause (i) renumbered as clause (ia) thereof by Act 14 of 1982, s. 10 (w.e.f. 11983).
renumbered as clause
thereof by Act 14 of 1982, s. 10 (w.e.f. 11983).
Income Tax Act, 2025
Section 1: Subs. by Act 4 of 1988, s. 10, for clause (ii) (w.e.f. 11989).
1. Subs. by Act 4 of 1988, s. 10, for clause (ii) (w.e.f. 11989).
2. The words “but does not include a co-operative bank” omitted by Act 22 of 2007, s. 11 (w.e.f. 12007).
(w.e.f. 11989).
2. The words “but does not include a co-operative bank” omitted by Act 22 of 2007, s. 11 (w.e.f. 12007).
Income Tax Act, 2025
Section 3: Ins. by Act 49 of 1991, s. 12 (w.e.f. 11992).
3. Ins. by Act 49 of 1991, s. 12 (w.e.f. 11992).
4. Subs. by Act 10 of 2000, s. 18, for “a sum equal to one and one-fourth times of the expenditure” (w.e.f. 12000).
Income Tax Act, 2025
Section 1: Clause (viiia) omitted by Act 32 of 1994, s. 14 (w.e.f. 11995).
1. Clause (viiia) omitted by Act 32 of 1994, s. 14 (w.e.f. 11995).
omitted by Act 32 of 1994, s. 14 (w.e.f. 11995).
Income Tax Act, 2025
Section 2: Ins. by Act 10 of 1965, s. 11 (w.e.f. 11965).
2. Ins. by Act 10 of 1965, s. 11 (w.e.f. 11965).
3. Subs. by Act 20 of 1967, s. 15, for “sub-section (2) of section 35” (w.e.f. 11967).
of section 35” (w.e.f. 11967).
Income Tax Act, 2025
Section 4: Clause (x) omitted by Act 22 of 2007, s. 13 (w.e.f. 12008).
4. Clause (x) omitted by Act 22 of 2007, s. 13 (w.e.f. 12008).
omitted by Act 22 of 2007, s. 13 (w.e.f. 12008).
Income Tax Act, 2025
Section 7: Subs. by Act 26 of 1997, s. 7, for clause (v) (w.e.f. 11992).
7. Subs. by Act 26 of 1997, s. 7, for clause (v) (w.e.f. 11992).
219
(w.e.f. 11992).
219
Income Tax Act, 2025
Section 2: Ins. by Act 21 of 1998, s. 15 (w.e.f. 11962).
2. Ins. by Act 21 of 1998, s. 15 (w.e.f. 11962).
3. Explanation numbered as Explanation 1 thereof by Act 25 of 2014, s. 13 (w.e.f. 12015).