{"act":{"id":"finance-act-2022","short_title":"The Finance Act, 2022","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2022-2023.","act_number":"6","act_year":2022,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":134,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2022/"},"unit":"section","section":{"number":"65","heading":"Amendment of section 234A","text":"Amendment of section 234A. 65.  In section 234A of the Income-tax Act, in sub-section (1),— (i) | after the words, brackets and figure \"or sub-section (4)\", the words, brackets, figure and letter \"or sub-section (8A)\" shall be inserted; (ii) | for Explanation 2, the following Explanation shall be substituted, namely:— 'Explanation 2.—In this sub-section,— (i) | \"tax on total income as determined under sub-section (1) of section 143\" shall not include the additional income-tax, if any, payable under section 140B or section 143; and (ii) | tax on the total income determined under regular assessment shall not include the additional income-tax payable under section 140B.'.","html":"<p><b>Amendment of section 234A.</b></p><p><b>65. </b> In section 234A of the Income-tax Act, in sub-section (1),—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>after the words, brackets and figure \"or sub-section (4)\", the words, brackets, figure and letter \"or sub-section (8A)\" shall be inserted;</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>for <i>Explanation 2</i>, the following <i>Explanation</i> shall be substituted, namely:—</td></tr></table></div><p>'<i>Explanation 2</i>.—In this sub-section,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>\"tax on total income as determined under sub-section (1) of section 143\" shall not include the additional income-tax, if any, payable under section 140B or section 143; and</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>tax on the total income determined under regular assessment shall not include the additional income-tax payable under section 140B.'.</td></tr></table></div>","words":105,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2022/section/65/","note":null,"source_note":"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.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}