{"act":{"id":"finance-act-2023","short_title":"The Finance Act, 2023","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2023-2024.","act_number":"8","act_year":2023,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":181,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2023/"},"unit":"section","section":{"number":"105","heading":"Amendment of section 250","text":"Amendment of section 250. 105.  In section 250 of the Income-tax Act,— (a) | in sub-sections (1), (3), (4), (5), (6) and (7), for the words and brackets \"Commissioner (Appeals)\" wherever they occur, the words and brackets \"Joint Commissioner (Appeals) or the Commissioner (Appeals)\" shall be substituted; (b) | for sub-section (6A), the following sub-section shall be substituted, namely:— \"(6A) In every appeal, the Joint Commissioner (Appeals) or the Commissioner (Appeals), as the case may be, where it is possible, may hear and decide such appeal within a period of one year from the end of the financial year in which such appeal is filed before him under sub-section (1) or transferred to him under sub-section (2) or sub-section (3) of section 246 or filed before him under sub-section (1) of section 246A, as the case may be.\"; (c) | in sub-section (6C), after the proviso, the following proviso shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 2022, namely:— \"Provided further that the Central Government may amend any direction, issued under this sub-section on or before the 31st day of March, 2022, by notification in the Official Gazette.\".","html":"<p><b>Amendment of section 250.</b></p><p><b>105. </b> In section 250 of the Income-tax Act,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>in sub-sections (1), (3), (4), (5), (6) and (7), for the words and brackets \"Commissioner (Appeals)\" wherever they occur, the words and brackets \"Joint Commissioner (Appeals) or the Commissioner (Appeals)\" shall be substituted;</td></tr><tr><td>(<i>b</i>)</td><td></td><td>for sub-section (6A), the following sub-section shall be substituted, namely:—</td></tr><tr><td></td><td></td><td>\"(6A) In every appeal, the Joint Commissioner (Appeals) or the Commissioner (Appeals), as the case may be, where it is possible, may hear and decide such appeal within a period of one year from the end of the financial year in which such appeal is filed before him under sub-section (1) or transferred to him under sub-section (2) or sub-section (3) of section 246 or filed before him under sub-section (1) of section 246A, as the case may be.\";</td></tr><tr><td>(<i>c</i>)</td><td></td><td>in sub-section (6C), after the proviso, the following proviso shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 2022, namely:—</td></tr><tr><td></td><td></td><td>\"<b>Provided further</b> that the Central Government may amend any direction, issued under this sub-section on or before the 31st day of March, 2022, by notification in the Official Gazette.\".</td></tr></table></div>","words":199,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2023/section/105/","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."}