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TypeBare Act JurisdictionCentral Government

Finance Act, 1989 Section 16

Insertion of New Section 80jj

~1 min read
https://sooperkanoon.com/act/3994

Bare act section · Research

About this section

Finance Act, 1989 Section 16 is part of Finance Act, 1989 - Insertion of New Section 80jj. Read the section text below and explore Indian court judgments that cite it.

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Section Text

After section 80J of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 1990, namely :-

"80JJ. Deduction in respect of profits and gains from business of poultry farming. - Where the gross total income of an assessee includes any profits and gains derived from business of poultry farming, there shall be allowed, in computing the total income of the assessee, a deduction from such profits and gains of an amount equal to thirty-three and one-third per cent. thereof.".

Frequently asked questions

What does Finance Act, 1989 Section 16 provide?

Section Section 16 of the Finance Act, 1989 (Insertion of New Section 80jj) 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 16?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 1989 Section 16. 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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