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<h1>Finance Bill 2024: Amends Section 271H of Income-tax Act, Reduces Time Limit for Tax Statement Delivery to One Month</h1> Clause 81 of the Finance (No. 2) Bill, 2024, proposes an amendment to section 271H of the Income-tax Act, which addresses penalties for failing to furnish certain tax-related statements. The amendment seeks to change the time limit specified in sub-section (3) from one year to one month for delivering or causing the delivery of statements related to tax deducted or collected at source. This change is set to take effect from April 1, 2025.