{"act":{"id":"finance-act-2025","short_title":"The Finance Act, 2025","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2025-2026.","act_number":"7","act_year":2025,"enact_date":"2025-08-16","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":153,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2025/"},"unit":"section","section":{"number":"22","heading":"Amendment of section 112A","text":"Amendment of section 112A. 22.  In section 112A of the Income-tax Act, in the Explanation, in clause (a), with effect from the 1st April, 2026,— (a) | in the opening portion, the words \"on account of the applicability of the fourth and fifth provisos thereof\" shall be omitted; (b) | in the second proviso, the words \"on account of the applicability of the fourth and fifth provisos thereof\" shall be omitted.","html":"<p><b>Amendment of section 112A.</b></p><p><b>22. </b> In section 112A of the Income-tax Act, in the <i>Explanation</i>, in clause (<i>a</i>), with effect from the 1st April, 2026,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>in the opening portion, the words \"on account of the applicability of the fourth and fifth provisos thereof\" shall be omitted;</td></tr><tr><td>(<i>b</i>)</td><td></td><td>in the second proviso, the words \"on account of the applicability of the fourth and fifth provisos thereof\" shall be omitted.</td></tr></table></div>","words":71,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2025/section/22/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}