Section48
The Finance Act, 1972

Amendment of section 32

In force Act 16 of 1972 As on 15 Oct 2026

Act 16 of 1972 Ministry Finance Enacted 28 May 1972

Section 48 of the Finance Act, 1972 deals with amendment of section 32. Amendment of section 32. 48. In section 32 of the Wealth-tax Act, for the words and figures "sections 221 to ", the words, figures and letter "sections 221 to 227, 228A" shall be substituted. The Act was enacted on 28 May 1972.

Amendment of section 32.

48. In section 32 of the Wealth-tax Act, for the words and figures "sections 221 to 227", the words, figures and letter "sections 221 to 227, 228A" shall be substituted.

[Finance Act, 1972]

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Section 48, 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.

Questions about Section 48

What does Section 48 of the Finance Act deal with?

Section 48 of the Finance Act is headed "Amendment of section 32". Amendment of section 32. 48. In section 32 of the Wealth-tax Act, for the words and figures "sections 221 to ", the words, figures and letter "sections 221 to 227, 228A" shall be substituted.

How do I find court cases under Section 48 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 48, section 48 Finance Act 1972, section 48 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 48 of the Finance Act, and has it changed?

Its own text turns on section 32 (Amendment of section 205), Wealth-tax Act 32 (Mode of recovery), so none of them can safely be read on its own.

When was Section 48 of the Finance Act enacted?

Section 48 of the Finance Act, cited as Finance Act 1972 48, 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.