# The Finance Act, 2023, Section 57: Amendment of section 115JC

- Act: The Finance Act, 2023 (Act 8 of 2023)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2023/section/57/

## Text

Amendment of section 115JC. 57.  In section 115JC of the Income-tax Act, for sub-section (5), the following sub-section shall be substituted with effect from the 1st day of April, 2024, namely:— "(5) The provisions of this section shall not apply to a person, where— (i) | such person has exercised the option referred to in sub-section (5) of section 115BAC or sub-section (5) of section 115BAD or sub-section (5) of section 115BAE; or (ii) | income-tax payable in respect of the total income of such person is computed under sub-section (1A) of section 115BAC.".

---
Published by eCourtsIndia together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957.