Section 127 - Amendment of section 295. - Finance Act, 2023

Amendment of section 295. 127 . In section 295 of the Income-tax Act, in sub-section (2), (i) in clause (eec), after the word audit , the words or inventory valuation shall be inserted; (ii) in clause (mm), for the words and brackets the Commissioner (Appeals) , the words and brackets the Joint Commissioner (Appeals) or the Commissioner (Appeals) shall be substituted.