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Union of India - Section

Section 124 in The Finance Act, 2023

124. In section 276B of the Income-tax Act,—

(A)in the opening portion, the words "pay to the credit of the Central Government" shall be omitted;(B)in clause (a), for the words "the tax deducted", the words "pay to the credit of the Central Government, the tax deducted" shall be substituted;(C)for clause (b), the following clause shall be substituted, namely:—'(b) pay tax or ensure payment of tax to the credit of the Central Government, as required by or under—