Introducing the βIn Favour Ofβ filter in Case Laws.
- βοΈ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- π Narrow down results with higher precision
Try it now in Case Laws β


Just a moment...
Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Amendment to Wealth-tax Act Section 22A: Clause (b) updated, new clause (iii) added, affecting assessment proceedings timeline.</h1> The amendment to section 22A of the Wealth-tax Act, 1957, effective June 1, 2010, involves changes to clause (b). Specifically, clause (iii) of the proviso is omitted. In the Explanation, a new clause (iii) is introduced, stating that proceedings for assessment or reassessment due to a search under section 37A or requisition under section 37B are considered to commence on the notice issuance date and conclude upon assessment completion. Additionally, in clause (iv), references to clause (iii) of the proviso are updated to refer to clause (iii) of the Explanation.