eCourtsIndia
IndiaCode Laws
Section238
The Finance Act, 2016

Amendment of Act 20 of 2015

In force As on 07 Oct 2026

Ministry Finance Enacted 27 Jun 2016

Section 238 of the Finance Act, 2016 deals with amendment of Act 20 of 2015. PART XV AMENDMENT TO THE FINANCE ACT, 2015 Amendment of Act 20 of 2015. The Act was enacted on 27 Jun 2016.

PART XV

AMENDMENT TO THE FINANCE ACT, 2015

Amendment of Act 20 of 2015.

238. In the Finance Act, 2015,—

(a)in section 4, clause (ii) shall be omitted with effect from the 1st day of April, 2016;
(b)with effect from the 1st day of June, 2016,—
(i)in section 122, in sub-section (2), for the words "Any credit balance", the words "Notwithstanding anything contrary contained in any other law for the time being in force, any credit balance" shall be substituted;
(ii)in section 124, sub-section (5) shall be omitted;
(iii)in section 128, in sub-section (2), clause (c) shall be omitted.
Section 238, The Finance Act, 2016.

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. s. 4 Amendment of section 6
  2. s. 122 Amendment of section 51
  3. s. 124 Substitution of new section for section 57
  4. s. 128 Substitution of new section for section 61

Questions about Section 238

What does Section 238 of the Finance Act deal with?

Section 238 of the Finance Act is headed "Amendment of Act 20 of 2015". PART XV AMENDMENT TO THE FINANCE ACT, 2015 Amendment of Act 20 of 2015.

How do I find court cases under Section 238 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 2016 238, section 238 Finance Act 2016, section 238 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 238 of the Finance Act, and has it changed?

Its own text turns on section 4 (Amendment of section 6), section 122 (Amendment of section 51), section 124 (Substitution of new section for section 57), section 128 (Substitution of new section for section 61), so none of them can safely be read on its own.

When was Section 238 of the Finance Act enacted?

Section 238 of the Finance Act, cited as Finance Act 2016 238, was enacted on 27 Jun 2016. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. 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. This page is not a substitute for legal advice.