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TypeBare Act JurisdictionCentral Government

Finance Act, 1974 Section 17

AMENDMENT OF SECTIONS 80-N AND 80-0 OF THE INCOME-TAX ACT AS THEY STOOD DURING CERTAIN PERIODS - The provisions

~1 min read
https://sooperkanoon.com/act/454742

Bare act section · Research

About this section

Finance Act, 1974 Section 17 is part of Finance Act, 1974 - AMENDMENT OF SECTIONS 80-N AND 80-0 OF THE INCOME-TAX ACT AS THEY STOOD DURING CERTAIN PERIODS - The provisions. 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

i) "convertible foreign. exchange" means foreign exchange which is for the time being treated by the Reserve Bank of India as convertible foreign exchange for the purposes of the law for the time being in force for regulating payments and dealings in foreign exchange, (ii) any income used by the assessee outside India in the manner permitted by the Reserve Bank of India shall be deemed to have been brought into India in accordance with the law for the time being in force for regulating payments and dealings in foreign exchange, on the date on which such permission is given.

Frequently asked questions

What does Finance Act, 1974 Section 17 provide?

Section Section 17 of the Finance Act, 1974 (AMENDMENT OF SECTIONS 80-N AND 80-0 OF THE INCOME-TAX ACT AS THEY STOOD DURING CERTAIN PERIODS - The provisions) is reproduced on this page as part of the Finance Act, 1974. 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, 1974 Section 17?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 1974 Section 17. Advanced act search can narrow results by court, year, or additional act filters.

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