Amendment of section 252.
92. In section 252 of the Income-tax Act, with effect from the 1st day of June, 2016,-
(a) in sub-section (3), in clause (b), the words “the Senior Vice-President or” shall be omitted;
(b) sub-section (4A) shall be omitted;
(c) in sub-section (5), the words “Senior Vice-President or a” shall be omitted.
Notes on Clauses:
Clause 92 of the Bill seeks to amend section 252 of the Income-tax Act relating to Appellate Tribunal.
Clause (b) of sub-section (3), sub-section (4A) and sub-section (5) of the aforesaid section provide for the appointment and powers of Senior Vice-President of the Appellate Tribunal.
It is proposed to omit the reference of “Senior Vice-President” in the aforesaid provisions.
These amendments will take effect from 1st June, 2016.