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TypeBare Act JurisdictionCentral Government

Finance Act, 1987 Section 75

AMENDMENT OF SECTION 2 InSection 2 of the Wealth-tax Act, 1957

~1 min read
https://sooperkanoon.com/act/249451

Bare act section · Research

About this section

Finance Act, 1987 Section 75 is part of Finance Act, 1987 - AMENDMENT OF SECTION 2 InSection 2 of the Wealth-tax Act, 1957. Read the section text below and explore Indian court judgments that cite it.

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Section Text

hereinafter referred to as the Wealth-tax Act), in clause (m), the following Explanation shall be inserted at the end, with effect from the 1st day of April, 1988, namely:--- "Explanation.-- A building or part thereof referred to in clause (iii), clause (iiia) or clause (iiib) of Section 27 of the Income-tax Act shall be includible in the net wealth of the person who is deemed under the said clause to be the owner of that building or part thereof",---

Frequently asked questions

What does Finance Act, 1987 Section 75 provide?

Section Section 75 of the Finance Act, 1987 (AMENDMENT OF SECTION 2 InSection 2 of the Wealth-tax Act, 1957) is reproduced on this page as part of the Finance Act, 1987. 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, 1987 Section 75?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 1987 Section 75. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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