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TypeBare Act JurisdictionCentral Government

Finance Act, 2008 Section 50

Employment-related securities: repeal of obsolete provisions

~1 min read
https://sooperkanoon.com/act/455852

Bare act section · Research

About this section

Finance Act, 2008 Section 50 is part of Finance Act, 2008 - Employment-related securities: repeal of obsolete provisions. Read the section text below and explore Indian court judgments that cite it.

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Section Text

1) In ICTA, omit sections 138 and 139 (share acquisitions by directors and employees: shares acquired before 26 October 1987).

(2) In ITEPA 2003-

(a) in section 418 (other related provisions), omit subsection (4), and (b) in Schedule 7 (transitionals and savings), omit paragraph 57.

(3) The amendments made by this section have effect for the tax year 2008-09 and subsequent tax years.

Frequently asked questions

What does Finance Act, 2008 Section 50 provide?

Section Section 50 of the Finance Act, 2008 (Employment-related securities: repeal of obsolete provisions) 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 50?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 2008 Section 50. 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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