Amendment of section 246A.
56. In section 246A of the Income-tax Act, in sub-section (1), in clause (bb), for the words “of assessment or reassessment”, the word “made” shall be substituted with effect from the 1st day of September, 2019.
Notes on Clauses:
Clause 56 of the Bill seeks to amend section 246A of the Incometax Act relating to appealable orders before Commissioner (Appeals).
Clause (bb) of sub-section (1) of the said section provides that the assessee may appeal to the Commissioner (Appeals) against an order of assessment or reassessment under sub-section (3) of section 92CD.
It is proposed to amend the said clause so as to provide that the assessee may appeal to the Commissioner (Appeals) against an order made under sub-section (3) of section 92CD.
This amendment is consequential in nature to the amendment of section 92CD.
This amendment will take effect from 1st September, 2019.
