Section 21 - Amendment of sections 186 - Direct Tax Laws (Second Amendment) Act, 1989

21. Amendment of sections 186. In section 186 of the Income-tax Act, the following amendments shall be made and shall be deemed to have been made with effect from the 1st day of April, 1989, namely :- (a) in sub-section (1),- (i) after the words firm has been registered , the words or is deemed to have been registered shall be inserted; (ii) the words and with the previous approval of the Deputy Commissioner, shall be omitted; (iii) in the proviso, after the words registration has been granted , the words or is deemed to have been granted shall be inserted; (iv) after the existing proviso, the following proviso shall be inserted, namely :- Provided further that the Assessing Officer shall not cancel the registration granted under sub-section (1) of section 185 except with the previous approval of the Deputy Commissioner. ; (b) in sub-section (2), after the words firm has been registered , the words or is deemed to have been registered shall be inserted.