Limitation for revision of tax orders: two-year bar from financial year end; inspecting assistant commissioner's orders treated as income-tax officer's.

Amendment declares that, for revision purposes, an order by the Income-tax Officer includes an order by an Inspecting Assistant Commissioner exercising Income-tax Officer powers; it also substitutes a limitation provision barring any revision after two years from the end of the financial year in which the order sought to be revised was passed.

---

---

---