Amendment of section 194-IA

In force Act 6 of 2022 As on 09 Oct 2026

Act 6 of 2022 Ministry Finance

Section 57 of the Finance Act, 2022 deals with amendment of section 194-IA. Amendment of section 194-IA. 57. In section 194-IA of the Income-tax Act,— (i) | in sub-section (1), after the words "one per cent.

Amendment of section 194-IA.
57. In section 194-IA of the Income-tax Act,—
(i) in sub-section (1), after the words "one per cent. of such sum", the words "or the stamp duty value of such property, whichever is higher," shall be inserted;
(ii) in sub-section (2), for the words "immovable property is", the words "immovable property and the stamp duty value of such property, are both," shall be substituted;
(iii) in the Explanation, after clause (b), the following clause shall be inserted, namely:—
'(c) "stamp duty value" shall have the same meaning as assigned to it in clause (f) of the Explanation to clause (vii) of sub-section (2) of section 56.'.
Section 57, The Finance Act, 2022 (Act 6 of 2022).

Cross-references

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

This section refers to

s. 56 Amendment of section 179

Questions about Section 57

What does Section 57 of the Finance Act deal with?

Section 57 of the Finance Act is headed "Amendment of section 194-IA". Amendment of section 194-IA. 57. In section 194-IA of the Income-tax Act,— (i) | in sub-section (1), after the words "one per cent.

How do I find court cases under Section 57 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 57, section 57 Finance Act 2022, section 57 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 57 of the Finance Act, and has it changed?

Its own text turns on section 56 (Amendment of section 179), so none of them can safely be read on its own.

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

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(i)		in sub-section (1), after the words "one per cent. of such sum", the words "or the stamp duty value of such property, whichever is higher," shall be inserted;
(ii)		in sub-section (2), for the words "immovable property is", the words "immovable property and the stamp duty value of such property, are both," shall be substituted;
(iii)		in the Explanation, after clause (b), the following clause shall be inserted, namely:—
		'(c) "stamp duty value" shall have the same meaning as assigned to it in clause (f) of the Explanation to clause (vii) of sub-section (2) of section 56.'.