Statute → case law

See how courts applied this provision

Jump to judgments under this act, then open an AI Brief on any order. Semantic Search helps you ask in plain English.

AI Brief & Ask
Semantic AI Search

Try free for 7 days Explore AI Studio

Credentials emailed - log in to pick up where you left off.

TypeBare Act JurisdictionCentral Government Enacted1977

Finance (No. 2) Act 1977 Section 7

Amendment of Section 13

~1 min read

https://sooperkanoon.com/act/4721

Bare act section · Research

About this section

Finance (No. 2) Act 1977 Section 7 is part of Finance (No. 2) Act 1977 - Amendment of Section 13. 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.

Find citing judgments Supreme Court, High Courts & tribunals Advanced act search Filter by court, year, and more

Section Text

In section 13 of the Income-tax Act, w.e.f. the 1st day of April, 1978, -

(a) in sub-section (1), in cl. (d), -

(i) for the figures, letter and words "1st day of April, 1979", the figures, letters and words "1st day of April, 1982" shall be substituted;

(ii) for the figures, letters and words "1st day of April, 1978", the figures, letters and words "1st day of April, 1981" shall be substituted;

(b) in sub-section (5), in clause (a), for sub-clause (iii), the following sub-clause shall be substituted, namely :-

(iii) deposit in any account with a scheduled bank or a co-operative society engaged in carrying on the business of banking (including a co-operative land mortgage bank or a co-operative land development bank).

Explanation : In this sub-clause "scheduled bank" shall have the same meaning as in the Explanation at the end of clause (b) of sub-section (2) of section 11'.

Frequently asked questions

What does Finance (No. 2) Act 1977 Section 7 provide?

Section Section 7 of the Finance (No. 2) Act 1977 (Amendment of Section 13) is reproduced on this page as part of the Finance (No. 2) Act 1977. 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 (No. 2) Act 1977 Section 7?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance (No. 2) Act 1977 Section 7. 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.

AI Briefs · Semantic Search · Save & annotate judgments

Start your 7-day free trial

See how courts applied this provision

About this section

Section Text

Frequently asked questions

Brief any judgment in 18 sections.