Section 32 - Amendment of section 115TE. - Finance Act, 2022

Amendment of section 115TE. 32. In section 115TE of the Income-tax Act, with effect from the 1st day of April, 2023,- (a) in the marginal heading, for the words trust or institution , the words specified person shall be substituted; (b) for the words trust or the institution at both the places where they occur, the words specified person shall be substituted; (c) the following Explanation shall be inserted, namely:- Explanation .-For the purposes of this section, specified person shall have the same meaning as assigned to in clause (iia) of the Explanation to section 115TD. .