Section38
The Finance Act, 2017

Amendment of section 87A

In force As on 10 Oct 2026

Ministry Finance Enacted 17 Apr 2017 Cited by 3 provisions

Section 38 of the Finance Act, 2017 deals with amendment of section 87A. Amendment of section 87A. 38. In section 87A of the Income-tax Act, with effect from the 1st day of April, 2018,— (a) | for the words "five hundred thousand rupees", the words "three hundred fifty thousand rupees" shall be substituted; The Act was enacted on 17 Apr 2017.

Amendment of section 87A.

38. In section 87A of the Income-tax Act, with effect from the 1st day of April, 2018,—

(a)for the words "five hundred thousand rupees", the words "three hundred fifty thousand rupees" shall be substituted;
(b)for the words "five thousand rupees" [as substituted by section 46 of the Finance Act, 2016 (28 of 2016)], the words "two thousand five hundred rupees" shall be substituted.
Section 38, The Finance Act, 2017.

Cross-references

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

Questions about Section 38

What does Section 38 of the Finance Act deal with?

Section 38 of the Finance Act is headed "Amendment of section 87A". Amendment of section 87A. 38. In section 87A of the Income-tax Act, with effect from the 1st day of April, 2018,— (a) | for the words "five hundred thousand rupees", the words "three hundred fifty thousand rupees" shall be substituted;

How do I find court cases under Section 38 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 2017 38, section 38 Finance Act 2017, section 38 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 38 of the Finance Act, and has it changed?

Its own text turns on Finance Act 46 (Amendment of section 87A), Income-tax Act 87A (Rebate of income-tax in case of certain individuals), so none of them can safely be read on its own. 3 other provisions in this corpus refer back to it.

When was Section 38 of the Finance Act enacted?

Section 38 of the Finance Act, cited as Finance Act 2017 38, was enacted on 17 Apr 2017. 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.