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Section125
The Finance Act, 2008

Amendment of Act 18 of 2005

In force As on 07 Oct 2026

Ministry Finance

Section 125 of the Finance Act, 2008 deals with amendment of Act 18 of 2005. Amendment of Act 18 of 2005. 125. In the Finance Act, 2005,— (i ) in section 95, after sub-section (2), the following sub-section shall be inserted with effect from the 1st day of April, 2009, namely:— "(3) Notwithstanding anything contained in sub-section (1), no banking cash transaction tax shall

Amendment of Act 18 of 2005.

125. In the Finance Act, 2005,—

(i ) in section 95, after sub-section (2), the following sub-section shall be inserted with effect from the 1st day of April, 2009, namely:—

"(3) Notwithstanding anything contained in sub-section (1), no banking cash transaction tax shall be charged in respect of any taxable banking transaction entered into on or after the 1st day of April, 2009.";

(ii ) ******
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Section 125, The Finance Act, 2008.

Questions about Section 125

What does Section 125 of the Finance Act deal with?

Section 125 of the Finance Act is headed "Amendment of Act 18 of 2005". Amendment of Act 18 of 2005. 125. In the Finance Act, 2005,— (i ) in section 95, after sub-section (2), the following sub-section shall be inserted with effect from the 1st day of April, 2009, namely:— "(3) Notwithstanding anything contained in sub-section (1), no banking cash transaction tax shall

How do I find court cases under Section 125 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 2008 125, section 125 Finance Act 2008, section 125 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 2008. 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.