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

Executive Summary & Key Takeaways

What it means

This gazette notification pertains to corrigenda to the Finance Act, 2023, which was originally published on March 31, 2023, as Act No. 8 of 2023.

Key Changes

The notification provides corrections for typographical errors found in the original Finance Act, 2023.
Specific corrections include:
- Page 15, line 26: 'lease' corrected to 'leasing'.
- Page 18, line 46: 'substitued' corrected to 'substituted'.
- Page 29, line 1: 'Specifed' corrected to 'Specified'.
- Page 49, line 17: 'before, it was' corrected to 'before it was'.
- Page 49, line 23: 'before, it was' corrected to 'before it was'.
- Page 74, lines 3-4: 'referred to in to in' corrected to 'referred to in'.
- Page 76, line 32: 'sub-section (I)' corrected to 'sub-section (1)'.

Impact Analysis

Stakeholders

The corrections ensure the accurate interpretation and application of the Finance Act, 2023.

Suggested Action Items

Software and systems that rely on the Finance Act, 2023, should be updated to reflect these corrections.

Key Entities Referenced

Ministry of Law and Justice (Legislative Department): The government body responsible for publishing and amending legislation, including the Finance Act, 2023. The Finance Act, 2023 (8 of 2023): The original legislation that is being corrected by this notification.

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