Amendment of section 254.
91. In section 254 of the Income-tax Act, in sub-section (2A), after the words, brackets and figures “under sub-section (1) or sub-section (2)”, the words, brackets, figure and letter “or sub-section (2A)” shall be inserted with effect from the 1st day of July, 2012.
Notes on Clauses:
Clause 91 of the Bill seeks to amend section 254 of the Income-tax Act relating to Orders of Appellate Tribunal.
It is proposed to amend sub-section (2A) of the aforesaid section 254, so as to insert therein a reference of sub-section (2A) of section 253. The proposed amendment is consequential in nature in view of the amendment to section 253.
This amendment will take effect from 1st July, 2012.
