Income-tax Act, 1961 · Chapter IV: Computation of Total Income · B.— [Omitted]
Section 20: [Omitted
The Income-tax Act, 1961 was repealed by the Income-tax Act, 2025 from 1 April 2026. The text is kept here because the judgments below apply it.
Omitted by s. 10, ibid. (w.e.f. 1-4-1989).
Source: India Code (Legislative Department), the text of the Act as it stood before its repeal. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 20
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Bank of Rajasthan Ltd. v. Commissioner of Income Tax
Issue arose as regards the treatment to be given to broken period interest, whether a deduction of the broken period interest can be claimed by the Bank, purchaser of the government Securities.
- Pilcom v. West Bengal-