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Section57
The Finance Act, 2026

Amendment of section 203

In force Act 4 of 2026 As on 10 Oct 2026

Act 4 of 2026 Ministry Finance

Section 57 of the Finance Act, 2026 deals with amendment of section 203. Amendment of section 203. 57. In section 203 of the Income-tax Act,— (a) | in sub-section (1), in clause (a), in sub-clause (i), after the word and figures "section ", the word and figures "or " shall be inserted;

Amendment of section 203.

57. In section 203 of the Income-tax Act,—

(a)in sub-section (1), in clause (a), in sub-clause (i), after the word and figures "section 146", the word and figures "or 150" shall be inserted;
(b)after sub-section (6), the following sub-section shall be inserted, namely:—

"(7) In case of an assessee, being a co-operative society, which has exercised option under sub-section (5), the requirements contained in sub-section (1) shall be modified to the extent that the deduction under section 149(2)(d)(ii) shall be available to such assessee as does not exceed the amount of dividend distributed by it to its members at least one month before the due date for filing the return of income under section 263(1).".

Section 57, The Finance Act, 2026 (Act 4 of 2026).

Cross-references

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

This section refers to

  1. s. 146 Amendment of section 2
  2. s. 149 Insertion of new section 56A
  3. Income-tax Act s. 203 Certificate for tax deducted

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 203". Amendment of section 203. 57. In section 203 of the Income-tax Act,— (a) | in sub-section (1), in clause (a), in sub-clause (i), after the word and figures "section ", the word and figures "or " shall be inserted;

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 2026 57, section 57 Finance Act 2026, 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 146 (Amendment of section 2), section 149 (Insertion of new section 56A), Income-tax Act 203 (Certificate for tax deducted), so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 2026 as Act 4 of 2026. 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.