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TypeBare Act JurisdictionCentral Government

Finance Act, 1989 Section 15

Amendment of Section 80cc

~1 min read
https://sooperkanoon.com/act/3993

Bare act section · Research

About this section

Finance Act, 1989 Section 15 is part of Finance Act, 1989 - Amendment of Section 80cc. Read the section text below and explore Indian court judgments that cite it.

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Section Text

In section 80CC of the Income-tax Act, with effect from the 1st day of April, 1990, -

(i) in sub-section (1), for the words and figures "section 10 if such fund subscribes", the words and figures "section 10 or units issued under any scheme of the Unit Trust of India established under section 3 of the Unit Trust of India Act, 1963 (52 of 1963), if the amount of subscription to any units, issued by the Mutual Fund or, as the case may be, the Unit Trust of India under such scheme, is subscribed" shall be substituted;

(ii) in sub-section (3), in clause (a), -

(a) in sub-clause (ii), in the proviso, the word "or" shall be inserted at the end;

(b) after sub-clause (ii), as so amended, the following sub-clause shall be inserted, namely :-

"(iia) a hospital; or".

Frequently asked questions

What does Finance Act, 1989 Section 15 provide?

Section Section 15 of the Finance Act, 1989 (Amendment of Section 80cc) is reproduced on this page as part of the Finance Act, 1989. 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, 1989 Section 15?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 1989 Section 15. 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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