# The Finance Act, 2021, Section 59: Amendment of section 234C - Act: The Finance Act, 2021 - Ministry: Ministry of Finance - Source URL: https://indiacode.ecourtsindia.com/finance-act-2021/section/59/ ## Text Amendment of section 234C. 59. In section 234C of the Income-tax Act, in sub-section (1),β€” (i) | in the first proviso, for clause (d), the following clause shall be substituted, namely:β€” "(d) the amount of dividend income,"; (ii) | the Explanation shall be numbered as Explanation 1 thereof and after Explanation 1 as so numbered, the following Explanation shall be inserted, namely:β€” 'Explanation 2.β€”For the purposes of this sub-section, the term "dividend" shall have the meaning assigned to it in clause (22) of section 2, but shall not include sub-clause (e) thereof.'. --- Published by eCourtsIndia together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957.