Amendment of section 116.
60. In section 116 of the Income-tax Act, in clause (cca), after the words “Joint Commissioners of Income-tax”, the words and brackets “or Joint Commissioners of Income-tax (Appeals)” shall be inserted.
Notes on Clauses:
Clause 60 of the Bill seeks to amend section 116 of the Income-tax Act relating to income-tax authorities.
It is proposed to consequentially amend clause (cca) of the said section to include Joint Commissioners of Income-tax (Appeals) for the purposes of the said section.
This amendment will take effect from 1st April, 2023.
