Amendment of section 143
Section 42 of the Finance Act, 2025 deals with amendment of section 143. Amendment of section 143. 42. In section 143 of the Income-tax Act, in sub-section (1), in clause (a), after sub-clause (ii), the following sub-clause shall be inserted with effect from the 1st day of April, 2025, namely:— "(iia) any such inconsistency in the return, with respect to the information The Act was enacted on 16 Aug 2025.
Amendment of section 143.
42. In section 143 of the Income-tax Act, in sub-section (1), in clause (a), after sub-clause (ii), the following sub-clause shall be inserted with effect from the 1st day of April, 2025, namely:—
"(iia) any such inconsistency in the return, with respect to the information in the return of any preceding previous year, as may be prescribed;".
Section 42, 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
Questions about Section 42
What does Section 42 of the Finance Act deal with?
Section 42 of the Finance Act is headed "Amendment of section 143". Amendment of section 143. 42. In section 143 of the Income-tax Act, in sub-section (1), in clause (a), after sub-clause (ii), the following sub-clause shall be inserted with effect from the 1st day of April, 2025, namely:— "(iia) any such inconsistency in the return, with respect to the information
How do I find court cases under Section 42 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 42, section 42 Finance Act 2025, section 42 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 42 of the Finance Act, and has it changed?
Its own text turns on section 143 (Amendment of section 31), Income-tax Act 143 (Assessment), so none of them can safely be read on its own.
When was Section 42 of the Finance Act enacted?
Section 42 of the Finance Act, cited as Finance Act 2025 42, 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
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.