{"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":"74","heading":"Amendment of section 246A","text":"Amendment of section 246A. 74. In section 246A of the Income-tax Act, in sub-section (1),— (i) | in clause (ja), for the word, brackets, figure and letter, \"sub-section (1A)\", the word, brackets and figure \"sub-section (2)\" shall be substituted; (ii) | in clause (n), the words \"made by a Deputy Commissioner\" shall be omitted.","html":"<p><b>Amendment of section 246A.</b></p><p><b>74. </b>In section 246A of the Income-tax Act, in sub-section (1),—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>in clause (<i>ja</i>), for the word, brackets, figure and letter, \"sub-section (1A)\", the word, brackets and figure \"sub-section (2)\" shall be substituted;</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>in clause (<i>n</i>), the words \"made by a Deputy Commissioner\" shall be omitted.</td></tr></table></div>","words":54,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2025/section/74/","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."}