diff --git a/doc/source/whatsnew/v1.3.3.rst b/doc/source/whatsnew/v1.3.3.rst
index b3cd6d00d4322..4150c042cdc55 100644
--- a/doc/source/whatsnew/v1.3.3.rst
+++ b/doc/source/whatsnew/v1.3.3.rst
@@ -15,7 +15,7 @@ including other versions of pandas.
 Fixed regressions
 ~~~~~~~~~~~~~~~~~
 - Performance regression in :meth:`core.window.ewm.ExponentialMovingWindow.mean` (:issue:`42333`)
--
+- Fixed regression in :meth:`.GroupBy.agg` incorrectly raising in some cases (:issue:`42390`)
 -
 
 .. ---------------------------------------------------------------------------
diff --git a/pandas/core/indexes/datetimelike.py b/pandas/core/indexes/datetimelike.py
index b7f282e43517b..080889444f809 100644
--- a/pandas/core/indexes/datetimelike.py
+++ b/pandas/core/indexes/datetimelike.py
@@ -551,7 +551,7 @@ def _with_freq(self, freq):
     @property
     def _has_complex_internals(self) -> bool:
         # used to avoid libreduction code paths, which raise or require conversion
-        return False
+        return True
 
     def is_type_compatible(self, kind: str) -> bool:
         warnings.warn(
diff --git a/pandas/tests/groupby/aggregate/test_aggregate.py b/pandas/tests/groupby/aggregate/test_aggregate.py
index 393dc0813661f..0a693967fbb19 100644
--- a/pandas/tests/groupby/aggregate/test_aggregate.py
+++ b/pandas/tests/groupby/aggregate/test_aggregate.py
@@ -1259,3 +1259,18 @@ def test_groupby_index_object_dtype():
     )
     expected = Series([False, True], index=expected_index, name="p")
     tm.assert_series_equal(res, expected)
+
+
+def test_timeseries_groupby_agg():
+    # GH#43290
+
+    def func(ser):
+        if ser.isna().all():
+            return None
+        return np.sum(ser)
+
+    df = DataFrame([1.0], index=[pd.Timestamp("2018-01-16 00:00:00+00:00")])
+    res = df.groupby(lambda x: 1).agg(func)
+
+    expected = DataFrame([[1.0]], index=[1])
+    tm.assert_frame_equal(res, expected)