Amendment to section 154: clause (bb) omitted, altering the statutory rectification framework under the Income tax Act. The Taxation Laws (Amendment) Act, 1975 omits clause (bb) from sub section (1) of section 154 of the Income tax Act, 1961, effecting a textual excision of ... Summary
Amendment to section 154: clause (bb) omitted, altering the statutory rectification framework under the Income tax Act.
The Taxation Laws (Amendment) Act, 1975 omits clause (bb) from sub section (1) of section 154 of the Income tax Act, 1961, effecting a textual excision of that clause from the statutory provision governing rectification and related procedural powers.
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