Ministry of Law and Justice Gazette Notification — 12-Apr-2023

Executive Summary & Key Takeaways

What it means

It addresses typographical errors found in the original Finance Act, 2023, published on March 31, 2023.
This gazette notification pertains to corrigenda to the Finance Act, 2023.

Key Changes

Page 15, line 26: 'lease' is corrected to 'leasing'.
Page 18, line 46: 'substitued' is corrected to 'substituted'.
Page 29, line 1: 'Specifed' is corrected to 'Specified'.
Page 49, line 17: 'before, it was' is corrected to 'before it was'.
Page 49, line 23: 'before, it was' is corrected to 'before it was'.
Page 74, line 3-4: 'referred to in to in' is corrected to 'referred to in'.
Page 76, line 32: 'sub-section (I)' is corrected to 'sub-section (1)'.
The notification lists seven specific corrections to the Finance Act, 2023.

Impact Analysis

Stakeholders

Businesses: Companies need to be aware of these corrections to ensure compliance with tax laws.

Suggested Action Items

Ensure that all future references to the Finance Act, 2023, use the corrected text.

Key Entities Referenced

The Finance Act, 2023: The primary legislation being corrected by this notification. It is Act No. 8 of 2023. Ministry of Law and Justice (Legislative Department): The government body responsible for issuing the corrigenda. Gazette of India: The official government publication in which the Finance Act, 2023 and its corrigenda are published.

jftLVªh lañ Mhñ ,yñ—(,u)04@0007@2003—23 REGISTERED NO. DL—(N)04/0007/2003—23 सी.जी.-डीx.एxलx.G-अID.-1H20x4x2x023-245119 CG-DxxLx-EG-1I2D0E42x0x2x3-245119 vlk/kkj.k EXTRAORDINARY Hkkx II — [k.M 1 PART II—Section 1 izkf/kdkj ls izdkf'kr PUBLISHED BY AUTHORITY lañ 10] ubZ fnYyh] cq/kokj] vizSy 12] 2023@pS= 22] 1945 ¼'kd½ No. 10] NEW DELHI, WEDNESDAY, APRIL 12, 2023/CHAITRA 22, 1945 (SAKA) bl Hkkx esa fHkUu i`"B la[;k nh tkrh gS ftlls fd ;g vyx ladyu ds :i esa j[kk tk ldsA Separate paging is given to this Part in order that it may be filed as a separate compilation. MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 12th April, 2023/ Chaitra 22, 1945 (Saka) CORRIGENDA THE FINANCE ACT, 2023 NO. 8 OF 2023 In the Finance Act, 2023 (8 of 2023), published in the Gazette of India, Extraordinary, Part II, Section 1, dated the 31st March, 2023, Issue No. 8,— (i) in page 15, line 26, for “lease”, read “leasing”; (ii) in page 18, line 46, for “substitued”, read “substituted”; (iii)in page 29, line 1, for “Specifed”, read “Specified”; (iv) in page 49, line 17, for “before, it was”, read “before it was”; (v) in page 49, line 23, for “before, it was”, read “before it was”; (vi) in page 74, line 3-4, for “referred to in to in”, read “referred to in”; (vii)in page 76, line 32, for “sub-section (I)”, read “sub-section (1)”. ———— DR. REETA VASISHTA, Secretary to the Govt. of India. UPLOADED BY THE MANAGER, GOVERNMENT OF INDIA PRESS, MINTO ROAD, NEW DELHI–110002 AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI–110054. MGIPMRND—14GI(S3)—12-04-2023.

The Finance Act, 2023