Finance Act, 1989

PRELIMINARY
Section 1	:	Short title and commencement
Chapter: II
RATES OF INCOME-TAX
Section 2	:	Income-Tax
DIRECT TAXES INCOME-TAX
Section 3	:	Amendment of section 2
Section 4	:	Amendment of section 10
Section 5	:	Amendment of section 16
Section 6	:	Amendment of section 17
Section 7	:	Amendment of section 32AB
Section 8	:	Amendment of section 36
Section 9	:	Amendment of section 43B
Section 10	:	Insertion of new section 44BBB
Section 11	:	Amendment of section 48
Section 12	:	Amendment of section 54E
Section 13	:	Amendment of section 57
Section 14	:	Amendment of section 80C
Section 15	:	Amendment of section 80CC
Section 16	:	Insertion of new section 80JJ
Section 17	:	Amendment of section 80U
Section 18	:	Amendment of section 115B
Section 19	:	Amendment of section 115J
Section 20	:	Amendment of section 153
Section 21	:	Amendment of section 192
Section 22	:	Amendment of section 193
Section 23	:	Amendment of section 263
Section 24	:	Amendment of section 285B
Section 25	:	Consequential Amendments
Section 26	:	Application of the income-tax act to the state of Sikkim
WEALTH-TAX
Section 27	:	Amendment of section 5
Section 28	:	Amendment of section 17A
Section 29	:	Amendment of section 21AA
Section 30	:	Amendment of section 25
GIFT-TAX
Section 31	:	Amendment of section 16A
Section 32	:	Amendment of section 24
EXPENDITURE-TAX
Section 33	:	Amendment of Act 35 of 1987
Chapter: IV
INDIRECT TAXES CUSTOMS
Section 34	:	Amendment of Act 51 of 1975
Section 35	:	Auxiliary duties of customs
EXCISE
Section 36	:	Amendment of Act 5 of 1986
Section 37	:	Special duties of excise
Section 38	:	Amendment of Act 58 of 1957
Section 39	:	Amendment of Act 16 of 1955
Chapter: V
INLAND AIR TRAVEL TAX
Section 40	:	Extent and commencement
Section 41	:	Definitions
Section 42	:	Inland air travel tax
Section 43	:	Rounding off of inland air travel tax
Section 44	:	Power to exempt
Section 45	:	Passengers not to be permitted to board aircraft without payment of inland air travel tax
Section 46	:	Penalties
Section 47	:	Protection of action taken in good faith
Section 48	:	Power to make rules
Section 49	:	Rules and notifications to be laid before Parliament
Chapter: VI
MISCELLANEOUS
Section 50	:	Amendment of Act 74 of 1956
Section 51	:	Amendment of Act 21 of 1979
SCHEDULE
SCH-01	:	First Schedule
SCH-02	:	Second Schedule
SCH-03	:	Third Schedule
SCH-04	:	Fourth Schedule
SCH-05	:	Fifth Schedule
SCH-06	:	Sixth Schedule