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Section74
The Finance Act, 2022

Amendment of section 271AAB

In force Act 6 of 2022 As on 06 Oct 2026

Act 6 of 2022 Ministry Finance

Section 74 of the Finance Act, 2022 deals with amendment of section 271AAB. Amendment of section 271AAB. 74. In section 271AAB of the Income-tax Act,— (a) | in sub-section (1), in the opening portion, after the words "The Assessing Officer", the words and brackets "or the Commissioner (Appeals)" shall be inserted;

Amendment of section 271AAB.

74. In section 271AAB of the Income-tax Act,—

(a)in sub-section (1), in the opening portion, after the words "The Assessing Officer", the words and brackets "or the Commissioner (Appeals)" shall be inserted;
(b)in sub-section (1A), in the opening portion, after the words "The Assessing Officer", the words and brackets "or the Commissioner (Appeals)" shall be inserted;
(c)in the Explanation, in clause (a), for the words, figures and letter "under section 153A", the words, figures and letter "under section 148 or under section 153A, as the case may be," shall be substituted and shall be deemed to have been substituted with effect from 1st April, 2021.
Section 74, 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

  1. Income-tax Act s. 271AAB Penalty where search has been initiated

Questions about Section 74

What does Section 74 of the Finance Act deal with?

Section 74 of the Finance Act is headed "Amendment of section 271AAB". Amendment of section 271AAB. 74. In section 271AAB of the Income-tax Act,— (a) | in sub-section (1), in the opening portion, after the words "The Assessing Officer", the words and brackets "or the Commissioner (Appeals)" shall be inserted;

How do I find court cases under Section 74 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 74, section 74 Finance Act 2022, section 74 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 74 of the Finance Act, and has it changed?

Its own text turns on Income-tax Act 271AAB (Penalty where search has been initiated), 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

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.