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TypeBare Act JurisdictionCentral Government

Finance Act, 2008 Section 2

Personal Allowance for those aged under 65

~1 min read
https://sooperkanoon.com/act/455804

Bare act section · Research

About this section

Finance Act, 2008 Section 2 is part of Finance Act, 2008 - Personal Allowance for those aged under 65. 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.

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Section Text

1) For the tax year 2008-09 the amount specified in-

(a) section 35 of ITA 2007, and (b) section 257(1) of ICTA, (personal allowance for those aged under 65) is replaced with " 6,035".

(2) Accordingly-

(a) section 57 of ITA 2007, so far as relating to the amount specified in section 35 of that Act, and (b) section 257C of ICTA, so far as relating to the amount specified in section 257(1) of that Act, (indexation) do not apply for the tax year 2008-09.

(3) This section does not require a change to be made in the amounts deductible or repayable under PAYE regulations before 7 September 2008.

Frequently asked questions

What does Finance Act, 2008 Section 2 provide?

Section Section 2 of the Finance Act, 2008 (Personal Allowance for those aged under 65) is reproduced on this page as part of the Finance Act, 2008. 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, 2008 Section 2?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 2008 Section 2. 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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