Home Acts & Rules Finance Act / Amendment Acts Finance Acts FINANCE (No. 2) ACT, 2014 Chapters List Chapter III DIRECT TAXES This
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Section 54 - Amendment of section 153B - FINANCE (No. 2) ACT, 2014Extract Amendment of section 153B 54. In section 153B of the Income-tax Act, in the Explanation, after clause (ii), the following clause shall be inserted with effect from the 1st day of October, 2014, namely: (iia) the period commencing from the date on which the Assessing Officer makes a reference to the Valuation Officer under sub-section (1) of section 142A and ending with the date on which the report of the Valuation Officer is received by the Assessing Officer, or .
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