Section195
The Finance Act, 2016

Applicability of certain provisions of Income-tax Act and of Chapter V of Wealth-tax Act

In force As on 07 Oct 2026

Ministry Finance Enacted 27 Jun 2016

Section 195 of the Finance Act, 2016 deals with applicability of certain provisions of Income-tax Act and of Chapter V of Wealth-tax Act. Applicability of certain provisions of Income-tax Act and of Chapter V of Wealth-tax Act. The Act was enacted on 27 Jun 2016.

Applicability of certain provisions of Income-tax Act and of Chapter V of Wealth-tax Act.

195. The provisions of Chapter XV of the Income-tax Act relating to liability in special cases and of section 119, section 138 and section 189 of that Act or the provisions of Chapter V of the Wealth-tax Act, 1957 (27 of 1957) relating to liability in respect of assessment in special cases shall, so far as may be, apply in relation to proceedings under this Scheme as they apply in relation to proceedings under the Income-tax Act or, as the case may be, the Wealth-tax Act, 1957.

Section 195, The Finance Act, 2016.

Cross-references

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

Questions about Section 195

What does Section 195 of the Finance Act deal with?

Section 195 of the Finance Act is headed "Applicability of certain provisions of Income-tax Act and of Chapter V of Wealth-tax Act". Applicability of certain provisions of Income-tax Act and of Chapter V of Wealth-tax Act.

How do I find court cases under Section 195 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 2016 195, section 195 Finance Act 2016, section 195 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 195 of the Finance Act, and has it changed?

Its own text turns on section 119 (Amendment of section 25), section 138 (Amendment of section 156), so none of them can safely be read on its own.

When was Section 195 of the Finance Act enacted?

Section 195 of the Finance Act, cited as Finance Act 2016 195, was enacted on 27 Jun 2016. 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.