Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Statutory Provisions

Home Acts & Rules Bill Bills FINANCE BILL, 2008 Chapters List Chapter III Income Tax This

Clause 30 - Amendment of Section 147 - FINANCE BILL, 2008

FINANCE BILL, 2008
Chapter III
Income Tax
  • Contents

30. In section 147 of the Income-tax Act, after the proviso, the following proviso shall be inserted, namely:—

''Provided further that the Assessing Officer may assess or reassess such income, other than the income involving matters which are the subject matter of any appeal, reference or revision, which is chargeable to tax and has escaped assessment.".

 
 
 
 

Quick Updates:Latest Updates