Section25
The Finance Act, 1995

Amendment of section 115K

In force Act 22 of 1995 As on 14 Oct 2026

Act 22 of 1995 Ministry Finance

Section 25 of the Finance Act, 1995 deals with amendment of section 115K. Amendment of section 115K. 25. In section 115K of the Income-tax Act, with effect from the 1st day of April, 1996,— (a) for the words "forty-two thousand rupees", wherever they occur, the words "forty-seven thousand rupees" shall be substituted;

Amendment of section 115K.

25. In section 115K of the Income-tax Act, with effect from the 1st day of April, 1996,—

(a) for the words "forty-two thousand rupees", wherever they occur, the words "forty-seven thousand rupees" shall be substituted;

(b) for the words "five lakh rupees", at both the places where they occur, the words "six lakh rupees" shall be substituted.

[Finance Act, 1995]

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Section 25, The Finance Act, 1995 (Act 22 of 1995).

Questions about Section 25

What does Section 25 of the Finance Act deal with?

Section 25 of the Finance Act is headed "Amendment of section 115K". Amendment of section 115K. 25. In section 115K of the Income-tax Act, with effect from the 1st day of April, 1996,— (a) for the words "forty-two thousand rupees", wherever they occur, the words "forty-seven thousand rupees" shall be substituted;

How do I find court cases under Section 25 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 1995 25, section 25 Finance Act 1995, section 25 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

When was the Finance Act enacted?

Finance Act was enacted in 1995 as Act 22 of 1995. India Code records no commencement date for it. 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.