TMI BlogAmendment of section 153B.X X X X Extracts X X X X X X X X Extracts X X X X ..... lowing provisos shall be substituted, namely:- Provided further that in the case where the last of the authorisations for search under section 132 or for requisition under section 132A was executed during the financial year commencing on the 1st day of April, 2018,- (i) the provisions of clause (a) or clause (b) of this sub-section shall have effect, as if for the words twenty-one mont ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al year commencing on or after the 1st day of April, 2019,- (i) the provisions of clause (a) or clause (b) of this subsection shall have effect, as if for the words twenty-one months , the words twelve months had been substituted; (ii) the period of limitation for making the assessment or reassessment in case of other person referred to in section 153C, shall be the period of twelve m ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by twelve months: Provided also that in case where during the course of the proceedings for the assessment or reassessment of total income in case of other person referred to in section 153C, a reference under sub-section (1) of section 92CA is made, the period available for making an order of assessment or reassessment in case of such other person shall be extended by twelve months. ; (b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ilable under this section to the Assessing Officer for making an order of assessment or reassessment, as the case may be, shall, after the exclusion of the period under sub-section (4) of section 245HA, be not less than one year; and where such period of limitation is less than one year, it shall be deemed to have been extended to one year. . - - statute, statutory provisions legislation, law ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
