Date of search standard replaces prior 'during previous year' test, narrowing timing for section 245C Explanation clause. Amendment replaces the temporal test in the proviso to sub section (1) of the Explanation: the words 'at any time during the previous year' in clause (b) are substituted by the date of search, refocusing the timing for assessing the statutory condition to the date when a search occurs.
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Date of search standard replaces prior 'during previous year' test, narrowing timing for section 245C Explanation clause.
Amendment replaces the temporal test in the proviso to sub section (1) of the Explanation: the words "at any time during the previous year" in clause (b) are substituted by the date of search, refocusing the timing for assessing the statutory condition to the date when a search occurs.
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