# The Finance Act, 2026, Section 18: Amendment of section 245MA

- Act: The Finance Act, 2026 (Act 4 of 2026)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2026/section/18/

## Text

Amendment of section 245MA. 18. In section 245MA of the Income-tax Act, in sub-section (2), for the words "waive any penalty imposable", the words "waive any penalty imposed or imposable" shall be substituted and shall be deemed to have been substituted with effect from the 1st day of March, 2026.

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