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CHAPTER IV

Words inserted by Finance Ordinance, 1981.
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Substituted for "income tax" by Finance Ordinance, 1980.
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Explanation added by Finance Act 1996, and shall be deemed always to have been so added.
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Substituted for "one-sixth" by Finance Ordinance, 1980 w.e.f. income year relevant to assessment year 1981-82.
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Clause (ee) inserted by Finance Ordinance, 1982.
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Clause (gg) inserted by Finance Act, 1990.
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Sub-section (4) inserted by Finance Ordinance, 1980.
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Inserted by Finance Act, 1994. and Words "or First Year Allowence" Inserted by Finance Ord, 2001
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Clause (via) inserted by Finance Act, 1988.
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Clause (viia) inserted by Finance Ordinance, 1980.
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Clause (viib) inserted by Finance Ordinance, 1981.
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Clause (viic) inserted by Finance Ordinance, 1982.

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Clause (viicc) inserted by Finance Act, 1985.
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Clause (viid) inserted by Finance Ordinance, 1983.
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Substituted for "Income Tax Officer" by Finance Act, 1993.
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Words "related to the class of business carried on by assessee" omitted by Finance Act, 1993.
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Semi-colon substituted for colon by Banking and Financial Services (Amendment of Laws) Ordinance, 1984. The colon was earlier substituted for a full stop by Finance Ordinance, 1981,
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Clause (xix) added by Banking and Financial Services (Amendment of Laws) Ordinance, 1984.
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Clause (xx) inserted by Finance Act, 1987.
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Commas and words inserted by Finance Act, 1988.
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proviso omitted by Finance Act, 1988. The proviso was earlier inserted by Finance Act, 1987.
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FROM [Provided that, where. . . . . . . . . . . . so incurred.]
Proviso inserted by Finance Ordinance, 1981 w.e.f. income year relevant to assessment year 1982-83.
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Figure and comma "20," omitted by Finance Ordinance, 1980.
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Words and comma inserted by Finance Act, 1987.
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Clause (c) substituted by Finance Act, 1995.
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Clause (cc) inserted by Finance Act, 1990 w.e.f. assessment year 1991-92.
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Substituted for "thirty" by Finance Act, 1991.
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Substituted for "two hundred and forty" by Finance Act, 1991.
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Substituted for "twenty" by Finance, Act, 1991.
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Substituted for full stop by Finance Act, 1992.
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FROM [Provided further that. . . . . . . . . . . . . . . . .day of July, 1991.]
Proviso inserted by Finance Act, 1992.
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Clause (ff) substituted and (fff) inserted by Finance Act, 1998 dated 1st July, 1998.
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Comma and word inserted by Finance Ordinance, 1980.
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Substituted for "thirty" by Finance Ordinance, 1980 w.e.f. income year relevant to assessment year 1981-82.
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Comma and words inserted by Finance Ordinance, 1980,
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Proviso omitted by Finance Act, 1996.
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Comma and words ", bad debt" omitted by Finance Ordinance, 1981.
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Clause (aa) inserted by Finance Ordinance, 1981.
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Substituted for "Income Tax Officer" by Finance Act, 1993.
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Semi-colon substituted for comma by Banking and Financial Services (Amendment of Laws) Ordinance, 1984
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Clause (d) inserted by Banking and Financial Services (Amendment of Laws) Ordinance, 1984.
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Inserted by Finance Act, 1994.
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FROM [and from . . . . . . . . . . . . . .compressed natural gas]
Inserted by Finance Act, 1994.
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Colon substituted for full stop by Finance Act, 1987.
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FROM [Provided that nothing. . . . . . . . . . . . . . . . . . . . . .the Second Schedule.]
Proviso inserted by Finance Act, 1987.
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Substituted for "Income Tax Officer" by Finance Act, 1993.
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Substituted for "Income Tax Officer" by Finance Act, 1993.
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Substituted for "Assistant Commissioner" by Finance Act, 1993.
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Word "and" omitted by Finance Ordinance, 1980.
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Substituted for full stop by Finance Ordinance, 1980.
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Clause (c) inserted by Finance Ordinance, 1980. This clause was earlier inserted by Notification No. SRO 751(I)/79, dated August 23, 1979 issued u/s 167 for the assessment year 1979-80.
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Words inserted by Finance Ordinance, 1981.
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Words "or fees for technical services" omitted by Finance Act, 1987.
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Words and commas inserted by Finance Ordinance, 1981.
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Words and comma inserted by Finance Ordinance, 1982.
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Substituted for "Income Tax Officer" by Finance Act, 1993.
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Sub-section (4) inserted by Finance Act, 1993 w.e.f. assessment year 1994-95.
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Substituted for colon by Finance Act, 1995.
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Proviso omitted by Finance Act, 1995.
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Section 32A inserted by Finance Ordinance, 1981 w.e.f. income year relevant to A.Y. 1982-83.
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Substituted for "duly certified" by Finance Act, 1987.
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Substituted for "Income Tax Officer" by Finance Act, 1993.
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Inserted by Finance Act, 1994.
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Section 34A inserted by Finance Ordinance, 1980.
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Inserted by Finance Act, 1994.
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Substituted for full stop by Finance Ordinance, 1982.
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FROM [Provided that, . . . . . . . .were substituted.]
Proviso inserted by Finance Ordinance, 1982.
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Substituted for" 1981" by Finance Ordinance, 1980.
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Substituted for "1981" by Finance Ordinance, 1980.
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Substituted for "1980" by Finance Ordinance, 1980.
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Colon substituted for full stop by Finance Ordinance, 1983.
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Proviso inserted by Finance Ordinance, 1983.
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Inserted by Finance Act, 1994.
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Inserted by Finance Ordinance, 1980.
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These word inserted by Fin. Act. 1998 dated 1st July, 1998.
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Clause has been inserted by Fin. Act. 1998 dated 1st July, 1998.
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The words "three million" substituted by Finance Act, 1998 dated 1st July, 1998.
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