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Section49
The Finance Act, 2025

Amendment of section 158BA

In force Act 7 of 2025 As on 07 Oct 2026

Act 7 of 2025 Ministry Finance Enacted 16 Aug 2025

Section 49 of the Finance Act, 2025 deals with amendment of section 158BA. Amendment of section 158BA. 49. In section 158BA of the Income-tax Act, with effect from the 1st day of September, 2024,— (a) | in the marginal heading, for the words "total income", the words "total undisclosed income" shall be substituted and shall be deemed to have been substituted; The Act was enacted on 16 Aug 2025.

Amendment of section 158BA.

49. In section 158BA of the Income-tax Act, with effect from the 1st day of September, 2024,—

(a)in the marginal heading, for the words "total income", the words "total undisclosed income" shall be substituted and shall be deemed to have been substituted;
(b)in sub-section (1), for the words "total income", the words "total undisclosed income" shall be substituted and shall be deemed to have been substituted;

[(ba) for sub-section (2) the following sub-section shall be substituted namely:-

(2)(a) The assessment or reassessment or recomputation under the provisions of this Act (other than this Chapter), if any, pertaining to any assessment year falling in the block period, pending on the date of initiation of the search under section 132, or making of requisition under section 132A, as the case may be, shall abate and shall be deemed to have been abated on the date of initiation of search or making of requisition.

(b) Any proceeding for assessment or reassessment or recomputation under any provision of this Act (other than this Chapter) pertaining to any assessment year falling in the block period (other than the assessment year in which the last of the authorisations for a search is executed or requisition is made), for which a notice has been issued during the period commencing on the date of initiation of search under section 132 or making of requisition under section 132A and ending on the date of making of order under clause (c) of sub-section (1) of section 158BC, shall abate and shall be deemed to have been abated on the date of issue of such notice.]

(c)in sub-section (4), for the word "pending", the words "required to be made" shall be substituted and shall be deemed to have been substituted;
(d)in sub-section (5), for the words "the assessment or reassessment relating to any assessment year", the words "the assessment or reassessment or re-computation or reference or order relating to any assessment year" shall be substituted and shall be deemed to have been substituted;
(e)in sub-section (7), for the words "total income", the words "total undisclosed income" shall be substituted and shall be deemed to have been substituted.
Section 49, 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. 158BA total undisclosed income] as a result of search

Questions about Section 49

What does Section 49 of the Finance Act deal with?

Section 49 of the Finance Act is headed "Amendment of section 158BA". Amendment of section 158BA. 49. In section 158BA of the Income-tax Act, with effect from the 1st day of September, 2024,— (a) | in the marginal heading, for the words "total income", the words "total undisclosed income" shall be substituted and shall be deemed to have been substituted;

How do I find court cases under Section 49 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 49, section 49 Finance Act 2025, section 49 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 49 of the Finance Act, and has it changed?

Its own text turns on section 132 (Insertion of new section 148A), Income-tax Act 158BA (total undisclosed income] as a result of search), so none of them can safely be read on its own.

When was Section 49 of the Finance Act enacted?

Section 49 of the Finance Act, cited as Finance Act 2025 49, 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.