Amendment of section 23J

In force Act 13 of 2018 As on 12 Oct 2026

Act 13 of 2018 Ministry Finance

Section 154 of the Finance Act, 2018 deals with amendment of section 23J. Amendment of section 23J 154. In section 23J of the principal Act,— (i) | for the marginal heading, the following marginal heading shall be substituted, namely:— "Factors to be taken into account while adjudging quantum of penalty.";

Amendment of section 23J
154. In section 23J of the principal Act,—
(i) for the marginal heading, the following marginal heading shall be substituted, namely:—
"Factors to be taken into account while adjudging quantum of penalty.";
(ii) for the word, figures and letter "section 23-I" the words, figures and letters "section 12A or section 23-I" shall be substituted.
(iii) for the words "the adjudicating officer", the words "the Securities and Exchange Board of India or the adjudicating officer" shall be substituted.
Section 154, The Finance Act, 2018 (Act 13 of 2018).

Cross-references

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

This section refers to

s. 23 Amendment of section 56

Questions about Section 154

What does Section 154 of the Finance Act deal with?

Section 154 of the Finance Act is headed "Amendment of section 23J". Amendment of section 23J 154. In section 23J of the principal Act,— (i) | for the marginal heading, the following marginal heading shall be substituted, namely:— "Factors to be taken into account while adjudging quantum of penalty.";

How do I find court cases under Section 154 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 2018 154, section 154 Finance Act 2018, section 154 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 154 of the Finance Act, and has it changed?

Its own text turns on section 23 (Amendment of section 56), so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 2018 as Act 13 of 2018. 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. INCOME-TAX8472 words
2. Income-tax4233 words
206. Amendment of Act 54 of 20001580 words
Second Schedule. Second Schedule1062 words
33. Insertion of new section 112A756 words
63. Amendment of section 28707 words

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(i)		for the marginal heading, the following marginal heading shall be substituted, namely:—
		"Factors to be taken into account while adjudging quantum of penalty.";
(ii)		for the word, figures and letter "section 23-I" the words, figures and letters "section 12A or section 23-I" shall be substituted.
(iii)		for the words "the adjudicating officer", the words "the Securities and Exchange Board of India or the adjudicating officer" shall be substituted.