Amendment of section 115VK
Section 32 of the Finance Act, 2025 deals with amendment of section 115VK. Amendment of section 115VK. 32. In section 115VK of the Income-tax Act, in sub-section (2), after the words "being ships", the words "or inland vessels, as the case may be" shall be inserted with effect from the 1st April, 2026. The Act was enacted on 16 Aug 2025.
Amendment of section 115VK.
32. In section 115VK of the Income-tax Act, in sub-section (2), after the words "being ships", the words "or inland vessels, as the case may be" shall be inserted with effect from the 1st April, 2026.
Section 32, 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.
Questions about Section 32
What does Section 32 of the Finance Act deal with?
Section 32 of the Finance Act is headed "Amendment of section 115VK". Amendment of section 115VK. 32. In section 115VK of the Income-tax Act, in sub-section (2), after the words "being ships", the words "or inland vessels, as the case may be" shall be inserted with effect from the 1st April, 2026.
How do I find court cases under Section 32 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 32, section 32 Finance Act 2025, section 32 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 32 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 115VK (Depreciation), so none of them can safely be read on its own. 6 other provisions in this corpus refer back to it.
When was Section 32 of the Finance Act enacted?
Section 32 of the Finance Act, cited as Finance Act 2025 32, was enacted on 16 Aug 2025 as Act 7 of 2025. It is in force as at the date shown on this page.
Other sections of this Act
- First Schedule. First Schedule10059 words
- 2. Income-tax8952 words
- Third Schedule. Third Schedule8533 words
- 146. Amendment of Act 28 of 2016957 words
- 50. Amendment of section 158BB868 words
- 6. Amendment of section 10825 words
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