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Section43
The Finance Act, 2005

Amendment of section 140A

In force Act 18 of 2005 As on 05 Oct 2026

Act 18 of 2005 Ministry Finance Enacted 13 May 2005 Cited by 1 provision

Section 43 of the Finance Act, 2005 deals with amendment of section 140A. Amendment of section 140A. 43. In section 140A of the Income-tax Act, with effect from the 1st day of April, 2006,— (a ) in sub-section (1), for the word and figures "section ", the words, figures and letters "section 115WD or section 115WH or section " shall be substituted; The Act was enacted on 13 May 2005.

Amendment of section 140A.

43. In section 140A of the Income-tax Act, with effect from the 1st day of April, 2006,—

(a ) in sub-section (1), for the word and figures "section 139", the words, figures and letters "section 115WD or section 115WH or section 139" shall be substituted;

(b ) for sub-section (1A), the following sub-section shall be substituted, namely:—

"(1A) For the purposes of sub-section (1), interest payable,—

(i ) under section 234A shall be computed on the amount of the tax on the total income as declared in the return as reduced by the advance tax, if any, paid and any tax deducted or collected at source;

(ii ) under section 115WK shall be computed on the amount of tax on the value of the fringe benefits as declared in the return as reduced by the advance tax, paid, if any.";

(c ) in sub-section (2), for the word and figures "section 143", the words, figures and letters "section 115WE or section 115WF or section 143" shall be substituted.

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Section 43, The Finance Act, 2005 (Act 18 of 2005).

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. 140A Self-assessment

Referred to by 1

  1. s. 14 Amendment of section 43

Questions about Section 43

What does Section 43 of the Finance Act deal with?

Section 43 of the Finance Act is headed "Amendment of section 140A". Amendment of section 140A. 43. In section 140A of the Income-tax Act, with effect from the 1st day of April, 2006,— (a ) in sub-section (1), for the word and figures "section ", the words, figures and letters "section 115WD or section 115WH or section " shall be substituted;

How do I find court cases under Section 43 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 2005 43, section 43 Finance Act 2005, section 43 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 43 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 140A (Self-assessment), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was Section 43 of the Finance Act enacted?

Section 43 of the Finance Act, cited as Finance Act 2005 43, was enacted on 13 May 2005 as Act 18 of 2005. 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.