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Section38
The Finance Act, 2025

Amendment of section 132

In force Act 7 of 2025 As on 10 Oct 2026

Act 7 of 2025 Ministry Finance Enacted 16 Aug 2025 Cited by 2 provisions

Section 38 of the Finance Act, 2025 deals with amendment of section 132. Amendment of section 132. 38. In section 132 of the Income-tax Act,— (a) | in sub-section (8), for the words "thirty days from the date of the order of assessment or reassessment or re-computation", the words "one month from the end of the quarter in which the order of assessment or reassessment or The Act was enacted on 16 Aug 2025.

Amendment of section 132.

38. In section 132 of the Income-tax Act,—

(a)in sub-section (8), for the words "thirty days from the date of the order of assessment or reassessment or re-computation", the words "one month from the end of the quarter in which the order of assessment or reassessment or re-computation is made" shall be substituted;
(b)in Explanation 1, in the opening portion, for the word "authorisation", the word "authorisations" shall be substituted.
Section 38, 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.

This section refers to

  1. s. 132 Insertion of new section 148A
  2. Income-tax Act s. 132 Search and seizure

Referred to by 2

  1. s. 127 Amendment of section 38
  2. s. First Schedule First Schedule

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 132". Amendment of section 132. 38. In section 132 of the Income-tax Act,— (a) | in sub-section (8), for the words "thirty days from the date of the order of assessment or reassessment or re-computation", the words "one month from the end of the quarter in which the order of assessment or reassessment or

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 2025 38, section 38 Finance Act 2025, 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 section 132 (Insertion of new section 148A), Income-tax Act 132 (Search and seizure), so none of them can safely be read on its own. 2 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 2025 38, 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

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.