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TypeBare Act JurisdictionCentral Government

Finance Act, 2000 Section 41

AMENDMENT OF SECTION 80-O In Section 80-0 of the Income Tax Act, for the portion beginning with the words "a deduction

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https://sooperkanoon.com/act/455240

Bare act section · Research

About this section

Finance Act, 2000 Section 41 is part of Finance Act, 2000 — AMENDMENT OF SECTION 80-O In Section 80-0 of the Income Tax Act, for the portion beginning with the words "a deduction. 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) forty per cent for an assessment year beginning on the 1st day of April, 2001;

(ii) thirty per cent for an assessment year beginning on the 1st day of April, 2002;

(iii) twenty per cent for an assessment year beginning on the 1st day of April, 2003;

(iv) ten per cent for an assessment year beginning on the 1st day of April, 2004, of the income so received in, or brought into India, in computing the total income of the assessee and no deduction shall be allowed in respect of the assessment year beginning on the 1st day of April, 2005 and any subsequent assessment year".

Frequently asked questions

What does Finance Act, 2000 Section 41 provide?

Section Section 41 of the Finance Act, 2000 (AMENDMENT OF SECTION 80-O In Section 80-0 of the Income Tax Act, for the portion beginning with the words "a deduction) 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 41?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 2000 Section 41. 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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