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TypeBare Act JurisdictionCentral Government

Finance Act, 2001 Section 13

AMENDMENT OF SECTION 17 InS.17 of the Income-tax Act-,"

~1 min read
https://sooperkanoon.com/act/455336

Bare act section · Research

About this section

Finance Act, 2001 Section 13 is part of Finance Act, 2001 - AMENDMENT OF SECTION 17 InS.17 of the Income-tax Act-,". Read the section text below and explore Indian court judgments that cite it.

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Section Text

a) in clause (2),"

(i) in sub-clause (iii),"

(A) in item (c), for the words "twenty -four thousand rupees", the words "fifty thousand rupees" shall be substituted with effect from the 1st day of April, 2002;

(B) in the proviso, for the words "the Employees' Stock Option Plan or Scheme of the said company", the words "any Employees' Stock Option Plan or Scheme of the company offered to such employees in accordance with the guidelines issued in this behalf by the Central Government" shall be substituted;

(ii) after sub-clause (v), the following sub-clause shall be inserted with effect from the 1st day of April, 2002, namely:" "(vi) the value of any other fringe benefit or amenity as may be prescribed.";

(b) in clause (3), after sub-clause (ii) and the

Explanation relating thereto, the following sub-clause shall be inserted with effect from the 1st day of April, 2002, namely:" "(iii) any amount due to or received, whether in lump sum or otherwise, by any assessee from any person"

(A) before his joining any employment with that person; or (B) after cessation of his employment with that person.".

Frequently asked questions

What does Finance Act, 2001 Section 13 provide?

Section Section 13 of the Finance Act, 2001 (AMENDMENT OF SECTION 17 InS.17 of the Income-tax Act-,") is reproduced on this page as part of the Finance Act, 2001. 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, 2001 Section 13?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 2001 Section 13. 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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