Amendment of section 220

In force Act 25 of 2014 As on 10 Oct 2026

Act 25 of 2014 Ministry Finance

Section 64 of the Finance Act, 2014 deals with amendment of section 220. Amendment of section 220. 64. In section 220 of the Income-tax Act, with effect from the 1st day of October, 2014,— (i) | after sub-section (1), the following sub-section shall be inserted, namely:— "(1A) Where any notice of demand has been served upon an assessee and any appeal or other proceeding,

Amendment of section 220.
64. In section 220 of the Income-tax Act, with effect from the 1st day of October, 2014,—
(i) after sub-section (1), the following sub-section shall be inserted, namely:—
"(1A) Where any notice of demand has been served upon an assessee and any appeal or other proceeding, as the case may be, is filed or initiated in respect of the amount specified in the said notice of demand, then, such demand shall be deemed to be valid till the disposal of the appeal by the last appellate authority or disposal of the proceedings, as the case may be, and any such notice of demand shall have the effect as specified in section 3 of the Taxation Laws (Continuation and Validation of Recovery Proceedings) Act, 1964 (11 of 1964).";
(ii) in sub-section (2),—
(a) after the first proviso, the following proviso shall be inserted, namely:—
"Provided further that where as a result of an order under sections specified in the first proviso, the amount on which interest was payable under this section had been reduced and subsequently as a result of an order under said sections or section 263, the amount on which interest was payable under this section is increased, the assessee shall be liable to pay interest under sub-section (2) from the day immediately following the end of the period mentioned in the first notice of demand, referred to in sub-section (1) and ending with the day on which the amount is paid:";
(b) in the second proviso, for the words "Provided further", the words "Provided also" shall be substituted.
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Section 64, The Finance Act, 2014 (Act 25 of 2014).

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Questions about Section 64

What does Section 64 of the Finance Act deal with?

Section 64 of the Finance Act is headed "Amendment of section 220". Amendment of section 220. 64. In section 220 of the Income-tax Act, with effect from the 1st day of October, 2014,— (i) | after sub-section (1), the following sub-section shall be inserted, namely:— "(1A) Where any notice of demand has been served upon an assessee and any appeal or other proceeding,

How do I find court cases under Section 64 of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 2014 64, section 64 Finance Act 2014, section 64 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 64 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 220 (When tax payable and when assessee deemed in default), Taxation Laws (Continuation and Validation of Recovery Proceedings) Act 3 (Continuation and validation of certain proceedings), so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 2014 as Act 25 of 2014. India Code records no commencement date for it. It is in force as at the date shown on this page.

Other sections of this Act

First Schedule. THE FIRST SCHEDULE7973 words
2. Income-tax3522 words
114. Amendment of Act 32 of 19941078 words
3. Amendment of section 21041 words
Seventh Schedule. THE SEVENTH SCHEDULE908 words
76. Substitution of new section for section 285BA878 words

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(i)		after sub-section (1), the following sub-section shall be inserted, namely:—
		"(1A) Where any notice of demand has been served upon an assessee and any appeal or other proceeding, as the case may be, is filed or initiated in respect of the amount specified in the said notice of demand, then, such demand shall be deemed to be valid till the disposal of the appeal by the last appellate authority or disposal of the proceedings, as the case may be, and any such notice of demand shall have the effect as specified in section 3 of the Taxation Laws (Continuation and Validation of Recovery Proceedings) Act, 1964 (11 of 1964).";
(ii)		in sub-section (2),—

(a)		after the first proviso, the following proviso shall be inserted, namely:—
		"Provided further that where as a result of an order under sections specified in the first proviso, the amount on which interest was payable under this section had been reduced and subsequently as a result of an order under said sections or section 263, the amount on which interest was payable under this section is increased, the assessee shall be liable to pay interest under sub-section (2) from the day immediately following the end of the period mentioned in the first notice of demand, referred to in sub-section (1) and ending with the day on which the amount is paid:";
(b)		in the second proviso, for the words "Provided further", the words "Provided also" shall be substituted.