Section 42 - Sukanya Samriddhi Yojana interest

Sukanya Samriddhi Yojana interest. Section 42 of the Income Tax Act 2025 sits in Chapter III (Incomes Not Forming Part of Total Income (Exemptions)). In force from 1 April 2026.

Key provisions

• *Assessees as specified** in the section. Refer to the full statutory text for the precise scope.
• **Section 41** - immediately preceding provision in the same chapter.
• **Section 43** - immediately following provision in the same chapter.
• The full chapter spans Sections 15 to 49.
• Statutory text: published in the Income Tax Act 2025 by the Ministry of Law and Justice. Available at e-gazette.nic.in and incometaxindia.gov.in.
• Rules: corresponding rules are notified under the Income Tax Rules 2026 by CBDT.
• ThynkTax mirror: `/income-tax/sections/42`.
• API: `GET https://api.thynktax.com/v1/tax-law/sections/by-2025-ref/42` - JSON record with cross-references and tags.

Use via API

curl https://api.thynktax.com/v1/tax-law/sections/by-2025-ref/42

{
  "act_2025_ref": "42",
  "old_reference": "Section 42, Income Tax Act 1961",
  "title": "Section 42 - Sukanya Samriddhi Yojana interest",
  "category": "Section",
  "limit_or_rate": "-",
  "applicable_to": "-",
  "effective_from": "2026-04-01"
}