Continuing application of prior Chapter XVI provisions ensures pre-amendment assessment rules apply to firms and partners for earlier years. Section 189A provides that for assessments of any firm and its partners for the assessment year commencing on the 1st day of April, 1992, or any earlier ... Summary
Continuing application of prior Chapter XVI provisions ensures pre-amendment assessment rules apply to firms and partners for earlier years.
Section 189A provides that for assessments of any firm and its partners for the assessment year commencing on the 1st day of April, 1992, or any earlier assessment year, the provisions of Chapter XVI as they stood immediately before the 1st day of April, 1993 shall continue to apply.
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