Amendment of section 24

In force As on 07 Oct 2026

Ministry Finance Cited by 2 provisions

Section 174 of the Finance Act, 2019 (No. 2) deals with amendment of section 24. Amendment of section 24 174. In section 24 of the principal Act, with effect from the 1st day of September, 2019,— (a) | in sub-section (3), for the words, brackets and figure "from the date of issue of notice under sub-section (1)", the words, brackets and figure "from the last day of the month in

Amendment of section 24
174. In section 24 of the principal Act, with effect from the 1st day of September, 2019,—
(a) in sub-section (3), for the words, brackets and figure "from the date of issue of notice under sub-section (1)", the words, brackets and figure "from the last day of the month in which the notice under sub-section (1) is issued" shall be substituted;
(b) in sub-section (4), for the words, brackets and figure "from the date of issue of notice under sub-section (1)", the words, brackets and figure "from the last day of the month in which the notice under sub-section (1) is issued" shall be substituted;
(c) the following Explanation shall be inserted, namely:—
"Explanation.—For the purposes of this section, in computing the period of limitation, the period during which the proceeding is stayed by an order or injunction of any court shall be excluded:
Provided that where immediately after the exclusion of the aforesaid period, the period of limitation referred to in sub-section (4) available to the Initiating Officer for passing order of attachment is less than thirty days, such remaining period shall be deemed to be extended to thirty days:
Provided further that where immediately after the exclusion of the aforesaid period, the period of limitation referred to in sub-section (5) available to the Initiating Officer to refer the order of attachment to Adjudicating Authority is less than seven days, such remaining period shall be deemed to be extended to seven days.".
Section 174, The Finance Act, 2019 (No. 2).

Cross-references

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

This section refers to

s. 24 Amendment of section 80CCD

Referred to by 2

Questions about Section 174

What does Section 174 of the Finance Act, 2019 (No. 2) deal with?

Section 174 of the Finance Act, 2019 (No. 2) is headed "Amendment of section 24". Amendment of section 24 174. In section 24 of the principal Act, with effect from the 1st day of September, 2019,— (a) | in sub-section (3), for the words, brackets and figure "from the date of issue of notice under sub-section (1)", the words, brackets and figure "from the last day of the month in

How do I find court cases under Section 174 of the Finance Act, 2019 (No. 2)?

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, 2019 (No. 2) 174, section 174 Finance Act, 2019 (No. 2), section 174 of the Finance Act, 2019 (No. 2). 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 174 of the Finance Act, 2019 (No. 2), and has it changed?

Its own text turns on section 24 (Amendment of section 80CCD), so none of them can safely be read on its own. 2 other provisions in this corpus refer back to it.

When was the Finance Act, 2019 (No. 2) enacted?

Finance Act, 2019 (No. 2) was enacted in 2019. India Code records no commencement date for it. It is in force as at the date shown on this page.

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(a)		in sub-section (3), for the words, brackets and figure "from the date of issue of notice under sub-section (1)", the words, brackets and figure "from the last day of the month in which the notice under sub-section (1) is issued" shall be substituted;
(b)		in sub-section (4), for the words, brackets and figure "from the date of issue of notice under sub-section (1)", the words, brackets and figure "from the last day of the month in which the notice under sub-section (1) is issued" shall be substituted;
(c)		the following Explanation shall be inserted, namely:—
		"Explanation.—For the purposes of this section, in computing the period of limitation, the period during which the proceeding is stayed by an order or injunction of any court shall be excluded:
		Provided that where immediately after the exclusion of the aforesaid period, the period of limitation referred to in sub-section (4) available to the Initiating Officer for passing order of attachment is less than thirty days, such remaining period shall be deemed to be extended to thirty days:
		Provided further that where immediately after the exclusion of the aforesaid period, the period of limitation referred to in sub-section (5) available to the Initiating Officer to refer the order of attachment to Adjudicating Authority is less than seven days, such remaining period shall be deemed to be extended to seven days.".