Amendment application timeframe: tax authority required to decide amendment requests within six months from month end. Where an application for amendment under section 154 is made by the assessee to the income-tax authority on or after the commencement date, the authority ... Summary
Amendment application timeframe: tax authority required to decide amendment requests within six months from month end.
Where an application for amendment under section 154 is made by the assessee to the income-tax authority on or after the commencement date, the authority must, within six months from the end of the month in which the application is received, pass an order either making the amendment or refusing to allow the claim, without prejudice to the earlier subsection.
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