Amendment of section 16

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..... (a),- (1) after the first proviso, the following proviso shall be inserted, namely .- "Provided further that where adjustments are made under the first proviso, an intimation shall be sent to the assessee, notwithstanding that no tax or interest is found due from him after making the said adjustments:"; (2) in the existing second proviso, for the words "Provided further", the words "Provided .....

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..... e" shall be substituted; (d) after sub-section (5), the following sub-sections shall be inserted, namely :- "(6) Where a regular assessment under sub-section (3) or sub-section (5) is made, - (a) any tax or interest paid by the assessee under sub-section (1) shall be deemed to have been paid towards such regular assessment; (b) if no refund is due on regular assessment or the amount refund .....

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