Section42
The Finance Act, 1972

Amendment of Fourth Schedule

In force Act 16 of 1972 As on 15 Oct 2026

Act 16 of 1972 Ministry Finance Enacted 28 May 1972

Section 42 of the Finance Act, 1972 deals with amendment of Fourth Schedule. Amendment of Fourth Schedule 42. In the Fourth Schedule to the Income-tax Act, in Part C, for the brackets,. The Act was enacted on 28 May 1972.

Amendment of Fourth Schedule

42. In the Fourth Schedule to the Income-tax Act, in Part C, for the brackets,. words and figures "[See sections 2(5) ,17(1) (iii), 36(1), (v)]", the brackets, words and figures "[See sections 2(5), 10(25) (iv), 17(1) (iii), 36(1) (v)]" shall be substituted with effect from the 1st day of April, 1973.

[Finance Act, 1972]

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Section 42, The Finance Act, 1972 (Act 16 of 1972).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. s. 2 Income-tax

Questions about Section 42

What does Section 42 of the Finance Act deal with?

Section 42 of the Finance Act is headed "Amendment of Fourth Schedule". Amendment of Fourth Schedule 42. In the Fourth Schedule to the Income-tax Act, in Part C, for the brackets,.

How do I find court cases under Section 42 of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 1972 42, section 42 Finance Act 1972, section 42 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 42 of the Finance Act, and has it changed?

Its own text turns on section 2 (Income-tax), so none of them can safely be read on its own.

When was Section 42 of the Finance Act enacted?

Section 42 of the Finance Act, cited as Finance Act 1972 42, was enacted on 28 May 1972 as Act 16 of 1972. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. 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. This page is not a substitute for legal advice.