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TypeBare Act JurisdictionCentral Government

Finance (No. 2) Act, 1998 Section 54

Amendment of Section 255

~1 min read
https://sooperkanoon.com/act/25814

Bare act section · Research

About this section

Finance (No. 2) Act, 1998 Section 54 is part of Finance (No. 2) Act, 1998 - Amendment of Section 255. 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 255 of the Income-tax Act, in sub-section (3), for the words "does not exceed one hundred thousand rupees", the words "does not exceed five hundred thousand rupees" shall be substituted with effect from the 1st day of October, 1998.

Frequently asked questions

What does Finance (No. 2) Act, 1998 Section 54 provide?

Section Section 54 of the Finance (No. 2) Act, 1998 (Amendment of Section 255) is reproduced on this page as part of the Finance (No. 2) Act, 1998. 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 (No. 2) Act, 1998 Section 54?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance (No. 2) Act, 1998 Section 54. 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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