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TypeBare Act JurisdictionCentral Government

Finance Act, 2008 Section 3

Personal allowances for those aged 65 and over

~1 min read
https://sooperkanoon.com/act/455805

Bare act section · Research

About this section

Finance Act, 2008 Section 3 is part of Finance Act, 2008 - Personal allowances for those aged 65 and over. 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

1) For the tax year 2008-09-

(a) the amount specified in section 36(1) of ITA 2007 and section 257(2) of ICTA (personal allowance for those aged 65 to 74) is replaced with " 9,030", and (b) the amount specified in section 37(1) of ITA 2007 and section 257(3) of ICTA (personal allowance for those aged 75 and over) is replaced with " 9,180".

(2) Accordingly-

(a) section 57 of ITA 2007, so far as relating to the amounts specified in sections 36(1) and 37(1) of that Act, and (b) section 257C of ICTA, so far as relating to the amounts specified in section 257(2) and (3) of that Act, (indexation) do not apply for the tax year 2008-09.

Frequently asked questions

What does Finance Act, 2008 Section 3 provide?

Section Section 3 of the Finance Act, 2008 (Personal allowances for those aged 65 and over) 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 3?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 2008 Section 3. 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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