Section 61 - Amendment of section 154 - Finance Act, 1992

61. Amendment of section 154 In section 154 of the Income-tax Act, in sub-section (2), in clause (b), the following proviso shall be inserted at the end, namely :- Provided that the Assessing Officer shall make an amendment for rectifying any mistake, which has been brought to his notice by the assessee in relation to an intimation referred to in clause (b) of sub-section (1), within a period of three months from the end of the month in which it is so brought to his notice and if no such amendment is made within the said period of three months, the assessee may appeal to the Deputy Commissioner (Appeals) or, as the case may be, Commissioner (Appeals) against such intimation and the provisions of section 246 and section 249 shall have effect as if the said intimation were an order for the purposes of those sections. .