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Finance Act, 1987 Complete Act

Title : Finance Act, 1987

State : Central

Year : 1987

..... section for section 206 section57 - substitution of new section for section 245a section58 - amendment of section ..... preamble1 - finance act, 1987 ..... parliament chapter vi section106 - amendment of act 47 of 1974 section107 - amendment of act 62 of 1986 schedulei .....

Finance Act, 1987 Section 98

Title : Extent and Commencement

State : Central

Year : 1987

(1) this chapter extends to the whole of india. (2) it shall come into force on such date as the central government may, by notification in the official gazette, appoint.

Finance Act, 1987 Section 100

Title : Foreign Exchange Conservation (Travel) Tax

State : Central

Year : 1987

(1) with effect from the date of commencement of this chapter, there shall be levied on all foreign exchange released for any foreign travel by any person, a tax [hereafter in this chapter referred to as the foreign exchange conservation (travel) tax] at .....

Finance Act, 1987 Section 101

Title : Power to Exempt

State : Central

Year : 1987

notwithstanding anything contained in this chapter, the central government may, by notification in the official gazette, and subject to such conditions and limitations as may be specified therein, exempt wholly or to such extent as may be specified in the .....

Finance Act, 1987 Section 103

Title : Protection of Action Taken in Good Faith

State : Central

Year : 1987

no suit or other legal proceeding shall be lie against the central government and no suit or prosecution or other legal proceeding shall lie against any officer of the central government, or of the state government or against any authorised dealer or .....

Finance Act, 1987 Section 104

Title : Power to Make Rules

State : Central

Year : 1987

(1) the central government may, by notification in the official gazette, make rules for carrying out the purposes of this chapter. (2) in particular, and without prejudice to the generality of the foregoing power, such rules may provide for - (a) the .....

Finance Act, 1987 Complete Act

State : Central

Year : 1987

..... or part thereof",--- section 76: amendment of section 5 - insection 5 of the wealth-tax act-, in sub-section (1), after clause ( ..... the finance act, 1981-, or ofthe first schedule to the finance act, 1982-, or ofthe first schedule to the finance ..... );206-(subst .....

Finance Act, 1987 Section 105

Title : Rules and Notifications to Be Laid Before Parliament

State : Central

Year : 1987

..... and every notification issued under section 101 shall be laid as soon as may .....

Finance Act, 1987 Section 40

Title : Omission of Chapter Vib

State : Central

Year : 1987

chapter vib of the income-tax act shall be omitted with effect from the 1st day of april, 1988.

Finance Act, 1987 Section 41

Title : Omission of Chapter Xi

State : Central

Year : 1987

chapter xi of the income-tax act shall be omitted with effect from the 1st day of april, 1988.