Repeals and savings

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... essment year, proceedings for the assessment of that person for that year may be taken and continued as if this Code had not been enacted; (b) where a return of income is filed after the commencement of this Code, otherwise than in pursuance of a notice under section 148 of the repealed Act, by any person for the assessment year ending on the 31st day of March, 2011, or any earlier year, th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... in section 166 and no proceedings under section 147 of the repealed Act in respect of any such income are pending at the commencement of this Code, a notice under section 166 may be issued with respect to that financial year and all the provisions of this Code shall apply accordingly; (e) any proceeding for the imposition of a penalty in respect of any assessment completed before the first .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... is Code, a refund falls due after such commencement, or default is made after such commencement in the payment of any sum due under such completed assessment, the provisions of this Code relating to interest payable by the Central Government on refunds and interest payable by the assessee for default shall apply; (i) any sum payable under the repealed Act may be recovered under this Code, b .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... responding provisions of this Code, be deemed to have been made under the corresponding provision aforesaid and shall continue in force accordingly; (m) where the period prescribed for any application, appeal, reference or revision under the repealed Act had expired on or before the commencement of this Code, nothing in this Code shall be construed as enabling any such application, appeal, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... include a period for which the deduction was otherwise not allowable under the repealed Act. (3) For the purposes of this section, "assessment year" shall have the same meaning assigned to it in the Income-tax Act, 1961 as it stood prior to its repeal. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X