Amendment of section 153B

Q: When was Section 46 of the Finance Act enacted?

Section 46 of the Finance Act, cited as Finance Act 2005 46, was enacted on 13 May 2005 as Act 18 of 2005. It is in force as at the date shown on this page.

In force Act 18 of 2005 As on 08 Oct 2026

Act 18 of 2005 Ministry Finance Enacted 13 May 2005

Section 46 of the Finance Act, 2005 deals with amendment of section 153B. Amendment of section 153B. 46. In section 153B of the Income-tax Act, in sub-section (1), after clause (b) and before the Explanation, the following proviso shall be inserted and shall be deemed to have been inserted with effect from the 1st day of June, 2003, namely:— "Provided that in case of othe The Act was enacted on 13 May 2005.

Amendment of section 153B.
46. In section 153B of the Income-tax Act, in sub-section (1), after clause (b) and before the Explanation, the following proviso shall be inserted and shall be deemed to have been inserted with effect from the 1st day of June, 2003, namely:—
"Provided that in case of other person referred to in section 153C, the period of limitation for making the assessment or reassessment shall be the period as referred to in clause (a) or clause (b) of this sub-section or one year from the end of the financial year in which books of account or documents or assets seized or requisitioned are handed over under section 153C to the Assessing Officer having jurisdiction over such other person, whichever is later.".
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Section 46, 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

Income-tax Act s. 153B Time limit for completion of assessment under section 153A

Questions about Section 46

What does Section 46 of the Finance Act deal with?

Section 46 of the Finance Act is headed "Amendment of section 153B". Amendment of section 153B. 46. In section 153B of the Income-tax Act, in sub-section (1), after clause (b) and before the Explanation, the following proviso shall be inserted and shall be deemed to have been inserted with effect from the 1st day of June, 2003, namely:— "Provided that in case of othe

How do I find court cases under Section 46 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 46, section 46 Finance Act 2005, section 46 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 46 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 153B (Time limit for completion of assessment under section 153A), so none of them can safely be read on its own.

When was Section 46 of the Finance Act enacted?

Section 46 of the Finance Act, cited as Finance Act 2005 46, 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

First Schedule. First Schedule6312 words
37. Insertion of new Chapter XII-H3647 words
21. Insertion of new section 80C2707 words
2. Income-tax2474 words
47. Amendment of section 153C350 words
19. Insertion of new section 72AA337 words

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