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Finance Act, 1987 Section 99

Title : Definitions

State : Central

Year : 1987

..... being authorised under section 6 of the foreign exchange regulation act, 1973, (46 of 1973), to ..... being authorised under section 7 of the foreign exchange regulation act, 1973 (46 of 1973), to ..... them in the foreign exchange regulation act, 1973 (46 of 1973). .....

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Finance Act, 1987 Section 24

Title : Insertion of New Section 54g

State : Central

Year : 1987

..... of the income-tax act, the following section shall be inserted with effect ..... to be made under clause (b) of sub-section (1) of section 48, the initial deduction of ten thousand ..... the return of income under sub-section (1) of section 139] in an account in any .....

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Finance Act, 1987 Section 57

Title : Substitution of New Section for Section 245a

State : Central

Year : 1987

..... of the income-tax act, the following section shall be substituted with effect ..... from the 1st day of june, 1987 ..... date on which an application under sub-section (1) of section 245c is made : provided that where .....

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Finance Act, 1987 Section 60

Title : Amendment of Section 245c

State : Central

Year : 1987

..... effect from the 1st day of june, 1987, - (i) in sub-section ..... under section 143 or section 144 or section 147 ..... to the previous year referred to in sub-section (1b) shall be - (a) in a case referred ..... in section 245c of the income-tax act, with .....

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Finance Act, 1987 Section 75

Title : Amendment of Section 2

State : Central

Year : 1987

..... (iiia) or clause (iiib) of section 27 of the income-tax act shall be includible in the net ..... in section 2 of the wealth-tax act, 1957 (27 of 1957) (hereinafter referred to as the wealth-tax act), in clause .....

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Finance Act, 1987 Section 90

Title : Amendment of Section 2

State : Central

Year : 1987

..... (iiia) or clause (iiib) of section 27 of the income-tax act by the person who is deemed ..... in section 2 of the gift-tax act, 1958 (18 of 1958) (hereinafter referreed to as the gift-tax act), in clause .....

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Finance Act, 1987 Section 3

Title : Amendment of Section 2

State : Central

Year : 1987

..... state or provincial act or a government company as defined in section 617 of the companies act, 1956 (1 ..... the nature referred to in section 53a of the transfer of property act, 1882 (4 of 1882); ..... after the 31st day of may, 1987, by way of advance or loan to .....

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Finance Act, 1987 Section 59

Title : Insertion of New Sections 245ba to 245bd

State : Central

Year : 1987

..... of the income-tax act, the following sections shall be inserted with effect from ..... the 1st day of june, 1987 ..... (2) subject to the other provisions of this section, a bench shall be presided over by the .....

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Finance Act, 1987 Section 79

Title : Insertion of New Sections 22ba to 22bd

State : Central

Year : 1987

..... of the wealth-tax act, the following sections shall be inserted with effect from ..... the 1st day of june, 1987 ..... (2) subject to the other provisions of this section, a bench shall be presided over by the .....

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Finance Act, 1987 Section 77

Title : Substitution of New Section for Section 22a

State : Central

Year : 1987

..... commission constituted under section 245b of the income-tax act; (f) "vice-chairman" ..... date on which an application under sub-section (1) of section 22c is made : provided that ..... section shall be substituted with effect from the 1st day of june, 1987 .....

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