Amendment of section 87A
Section 20 of the Finance Act, 2025 deals with amendment of section 87A. Amendment of section 87A. 20. In section 87A of the Income-tax Act, with effect from the 1st April, 2026,— (a) | in the proviso,— (i) | in clause (a),— (I) | for the words "seven hundred thousand rupees", the words "twelve hundred thousand rupees" shall be substituted; The Act was enacted on 16 Aug 2025.
Amendment of section 87A.
20. In section 87A of the Income-tax Act, with effect from the 1st April, 2026,—
(a) in the proviso,—
(i) in clause (a),—
(I) for the words "seven hundred thousand rupees", the words "twelve hundred thousand rupees" shall be substituted; (II) for the words "twenty-five thousand rupees", the words "sixty thousand rupees" shall be substituted;
(ii) in clause (b), for the words "seven hundred thousand rupees" at 1[all] the places where they occur, the words "twelve hundred thousand rupees" shall be substituted;
(b) after the proviso, the following proviso shall be inserted, namely:— "Provided further that the deduction under the first proviso, shall not exceed the amount of income-tax payable as per the rates provided in sub-section (1A) of section 115BAC.". 1. Substituted for "both" by the Finance Act, 2026, w.r.e.f. 1-4-2025.
Section 20, The Finance Act, 2025 (Act 7 of 2025).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
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Referred to by 1
Questions about Section 20
What does Section 20 of the Finance Act deal with?
Section 20 of the Finance Act is headed "Amendment of section 87A". Amendment of section 87A. 20. In section 87A of the Income-tax Act, with effect from the 1st April, 2026,— (a) | in the proviso,— (i) | in clause (a),— (I) | for the words "seven hundred thousand rupees", the words "twelve hundred thousand rupees" shall be substituted;
How do I find court cases under Section 20 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 2025 20, section 20 Finance Act 2025, section 20 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 20 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 87A (Rebate of income-tax in case of certain individuals), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.
When was Section 20 of the Finance Act enacted?
Section 20 of the Finance Act, cited as Finance Act 2025 20, was enacted on 16 Aug 2025 as Act 7 of 2025. It is in force as at the date shown on this page.
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