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TypeBare Act JurisdictionCentral Government

Finance Act 1975 Section 21

Amendment of Section 195

~1 min read
https://sooperkanoon.com/act/32992

Bare act section · Research

About this section

Finance Act 1975 Section 21 is part of Finance Act 1975 - Amendment of Section 195. Read the section text below and explore Indian court judgments that cite it.

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Section Text

In section 195 of the Income-tax Act, in sub-section (1), after the proviso, the following proviso shall be inserted, namely :-

Provided further that the deduction of income-tax from any sum, being income chargeable under the head "Capital gains" relating to capital assets other than short-term capital assets, paid to a company which is neither an Indian company nor a company which has made the prescribed arrangements for the declaration and payment of dividends within India, shall be of an amount equal to the amount of income-tax on such sum calculated in accordance with the provisions of clause (i) of section 115..

Frequently asked questions

What does Finance Act 1975 Section 21 provide?

Section Section 21 of the Finance Act 1975 (Amendment of Section 195) is reproduced on this page as part of the Finance Act 1975. 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 1975 Section 21?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act 1975 Section 21. 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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