{"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":"74","heading":"Amendment of section 271AAB","text":"Amendment of section 271AAB. 74.  In section 271AAB of the Income-tax Act,— (a) | in sub-section (1), in the opening portion, after the words \"The Assessing Officer\", the words and brackets \"or the Commissioner (Appeals)\" shall be inserted; (b) | in sub-section (1A), in the opening portion, after the words \"The Assessing Officer\", the words and brackets \"or the Commissioner (Appeals)\" shall be inserted; (c) | in the Explanation, in clause (a), for the words, figures and letter \"under section 153A\", the words, figures and letter \"under section 148 or under section 153A, as the case may be,\" shall be substituted and shall be deemed to have been substituted with effect from 1st April, 2021.","html":"<p><b>Amendment of section 271AAB.</b></p><p><b>74. </b> In section 271AAB of the Income-tax Act,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>in sub-section (1), in the opening portion, after the words \"The Assessing Officer\", the words and brackets \"or the Commissioner (Appeals)\" shall be inserted;</td></tr><tr><td>(<i>b</i>)</td><td></td><td>in sub-section (1A), in the opening portion, after the words \"The Assessing Officer\", the words and brackets \"or the Commissioner (Appeals)\" shall be inserted;</td></tr><tr><td>(<i>c</i>)</td><td></td><td>in the <i>Explanation</i>, in clause (<i>a</i>), for the words, figures and letter \"under section 153A\", the words, figures and letter \"under section 148 or under section 153A, as the case may be,\" shall be substituted and shall be deemed to have been substituted with effect from 1st April, 2021.</td></tr></table></div>","words":115,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2022/section/74/","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."}