{"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":"69","heading":"Amendment of section 194Q","text":"Amendment of section 194Q. 69. In section 194Q of the Income-tax Act, in sub-section (5), in clause (b), the words, brackets, figures and letters \"other than a transaction to which sub-section (1H) of section 206C applies\" shall be omitted.","html":"<p><b>Amendment of section 194Q.</b></p><p><b>69. </b>In section 194Q of the Income-tax Act, in sub-section (5), in clause (<i>b</i>), the words, brackets, figures and letters \"other than a transaction to which sub-section (1H) of section 206C applies\" shall be omitted.</p>","words":39,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2025/section/69/","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."}