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Section27
The Finance Act, 1995

Amendment of section 133

In force Act 22 of 1995 As on 14 Oct 2026

Act 22 of 1995 Ministry Finance

Section 27 of the Finance Act, 1995 deals with amendment of section 133. Amendment of section 133. 27. In section 133 of the income-tax Act, in clause (6), with effect from the 1st day of July, 1995 — (a) after the words "will be useful for, or relevant to, any", the words "inquiry or" shall be inserted;

Amendment of section 133.

27. In section 133 of the income-tax Act, in clause (6), with effect from the 1st day of July, 1995 —

(a) after the words "will be useful for, or relevant to, any", the words "inquiry or" shall be inserted; and

(b) after the proviso, the following proviso shall be inserted, namely:—

"Provided further that the power in respect of an inquiry, in a case where no proceeding is pending, shall not be exercised by any income-tax authority below the rank of Director or Commissioner without the prior approval of the Director or, as the case may be, the Commissioner.".

[Finance Act, 1995]

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Section 27, The Finance Act, 1995 (Act 22 of 1995).

Cross-references

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

This section refers to

  1. Income-tax Act s. 133 Power to call for information

Questions about Section 27

What does Section 27 of the Finance Act deal with?

Section 27 of the Finance Act is headed "Amendment of section 133". Amendment of section 133. 27. In section 133 of the income-tax Act, in clause (6), with effect from the 1st day of July, 1995 — (a) after the words "will be useful for, or relevant to, any", the words "inquiry or" shall be inserted;

How do I find court cases under Section 27 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 27, section 27 Finance Act 1995, section 27 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 27 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 133 (Power to call for information), so none of them can safely be read on its own.

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.