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<h1>Finance Act 2023 amends Section 274 of Income-tax Act, adds proviso allowing Central Government to amend directions retroactively.</h1> Section 274 of the Income-tax Act has been amended by the Finance Act, 2023. In sub-section (2B), a new proviso has been added, effective retroactively from April 1, 2022. This proviso allows the Central Government to amend any directions issued under this sub-section by notification in the Official Gazette, provided these amendments are made on or before March 31, 2022.