# The Finance Act, 2023, Section 118: Amendment of section 271C

- Act: The Finance Act, 2023 (Act 8 of 2023)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2023/section/118/

## Text

Amendment of section 271C. 118.  In section 271C of the Income-tax Act, in sub-section (1),— (A) | in clause (b),— (I) | for the words "pay the whole", the words "pay or ensure payment of, the whole" shall be substituted; (II) | in sub-clause (i), the word "or" shall be omitted; (III) | after sub-clause (ii), the following sub-clauses shall be inserted, namely:— "(iii) | the first proviso to sub-section (1) of section 194R; or (iv) | the proviso to sub-section (1) of section 194S; or"; (IV) | after sub-clause (iv) as inserted by the Finance Act, 2023, the following sub-clause shall be inserted with effect from the 1st day of July, 2023, namely:— "(v) | sub-section (2) of section 194BA,"; (B) | in the long line, after the words "deduct or pay", the words "or ensure payment of," shall be inserted.

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