Amendment of section 115TE
Section 32 of the Finance Act, 2022 deals with amendment of section 115TE. Amendment of section 115TE. 32. In section 115TE of the Income-tax Act, with effect from the 1st day of April, 2023,— (a) | in the marginal heading, for the words "trust or institution", the words "specified person" shall be substituted;
Amendment of section 115TE.
32. In section 115TE of the Income-tax Act, with effect from the 1st day of April, 2023,—
Section 32, The Finance Act, 2022 (Act 6 of 2022).
(a) in the marginal heading, for the words "trust or institution", the words "specified person" shall be substituted; (b) for the words "trust or the institution" at both the places where they occur, the words "specified person" shall be substituted; (c) the following Explanation shall be inserted, namely:— 'Explanation.—For the purposes of this section, "specified person" shall have the same meaning as assigned to in clause (iia) of the Explanation to section 115TD.'.
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 32
What does Section 32 of the Finance Act deal with?
Section 32 of the Finance Act is headed "Amendment of section 115TE". Amendment of section 115TE. 32. In section 115TE of the Income-tax Act, with effect from the 1st day of April, 2023,— (a) | in the marginal heading, for the words "trust or institution", the words "specified person" shall be substituted;
How do I find court cases under Section 32 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 2022 32, section 32 Finance Act 2022, section 32 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 32 of the Finance Act, and has it changed?
Its own text turns on Income-tax Act 115TE (Interest payable for non-payment of tax by specified person), so none of them can safely be read on its own. 3 other provisions in this corpus refer back to it.
When was the Finance Act enacted?
Finance Act was enacted in 2022 as Act 6 of 2022. 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. First Schedule9792 words
- 2. Income-tax6839 words
- 42. Amendment of section 144B3753 words
- 4. Amendment of section 103713 words
- 39. Insertion of new section 140B1269 words
- 31. Amendment of section 115TD965 words
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.