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TypeBare Act JurisdictionCentral Government

Finance Act,1990 Section 52

Amendment of Section 5

~1 min read
https://sooperkanoon.com/act/17242

Bare act section · Research

About this section

Finance Act,1990 Section 52 is part of Finance Act,1990 - Amendment of Section 5. Read the section text below and explore Indian court judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Section Text

In section 5 of the Wealth-tax Act, in sub-section (1), in clause (xxviic), with effect from the 1st day of April, 1991, -

(i) after the words "State Government", the words "or a public sector company" shall be inserted;

(ii) the following Explanation shall be inserted at the end, namely :-

'Explanation : For the purposes of this clause, "public sector company" means any corporation established by or under any Central, State or Provincial Act or a Government company as defined in section 617 of the Companies Act, 1956 (1 of 1956);'.

Frequently asked questions

What does Finance Act,1990 Section 52 provide?

Section Section 52 of the Finance Act,1990 (Amendment of Section 5) is reproduced on this page as part of the Finance Act,1990. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Finance Act,1990 Section 52?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act,1990 Section 52. Advanced act search can narrow results by court, year, or additional act filters.

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