CORRIGENDUM TO CIRCULAR NO. 23 OF 2022 DATED 03.11.2022 – EXPLANATORY NOTES TO FINANCE ACT, 2022
The Finance Act, 2022 as passed by the Parliament, received the assent of the President on 30th March, 2022 and has been enacted as Act No. 6 of 2022. The Explanatory notes to the Finance Act, 2022, explaining the amendments made in direct tax laws vide the Finance Act, 2022 were issued vide Circular no. 23 of 2022 dated 03 .11.2022. In the said circular, in sub-point (iii) of the point (1) of sub-paragraph (A) of paragraph 28.5, the words “two assessment years preceding such assessment year” shall be read as “any assessment year preceding such assessment year”.
Go To Page No. 67 for the relevant Paragraph
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