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TypeBare Act JurisdictionCentral Government

Finance Act, 2000 Section 40

Amendment of Section 80l

~1 min read
https://sooperkanoon.com/act/41290

Bare act section · Research

About this section

Finance Act, 2000 Section 40 is part of Finance Act, 2000 - Amendment of Section 80l. Read the section text below and explore Indian court judgments that cite it.

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Section Text

In section 80L of the Income-tax Act, in sub-section(1),-

(a) in clause (vii),-

(i) after the words "industrial development in India:", the words, brackets and figures "and which is eligible for deduction under clause (viii) of sub-section (1) of section 36;" shall be inserted;

(ii) the proviso shall be omitted;

(b) in clause (x), for the words "for residential purposes:", the words, brackets and figures "for residential purposes and which is eligible for deduction under clause (viii) of sub-section (1) of section 36," shall be substituted.

Frequently asked questions

What does Finance Act, 2000 Section 40 provide?

Section Section 40 of the Finance Act, 2000 (Amendment of Section 80l) is reproduced on this page as part of the Finance Act, 2000. 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, 2000 Section 40?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 2000 Section 40. 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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